NuStar Logistics 7.625% Fixed To Floating Rate Subordinated Notes Exp 15 Jan 2043 — Company Overview, News & Financial Data

NuStar Logistics 7.625% Fixed To Floating Rate Subordinated Notes Exp 15 Jan 2043 (NYSE:NSS) is a financial instrument offering investors a unique blend of income opportunities through its structured note format. It is singularly listed on the New York Stock Exchange (NYSE:NSL) and focuses on providing investors with a fixed to floating rate of return, making it an attractive option for those looking to diversify their income streams. NuStar Logistics, the issuer of these notes, is primarily engaged in the transportation and storage of petroleum products and other liquid commodities, undertaking projects that ensure a secure and efficient supply chain. The objectives of these subordinated notes are to finance NuStar's operations, support its expansion projects, and optimize its capital structure. This strategic financial tool reflects NuStar Logistics’ commitment to innovation in financing its robust pipeline and storage infrastructure projects across various regions.