Positive Financial Outlook: Accretion: Immediately accretive with 10%+ accretion to distributable cash flow per LP unit by the third year following close. Synergies: At least $150M of run-rate synergies by the third year following close. Financial Savings: Approximately $50M per year of additional cash flow from refinancing high-cost floating rate capital. Leverage: Will achieve leverage target of 4.0x within 12-18 months post close. Distribution Growth: Supports continued distribution growth while maintaining strong coverage. Prior to closing, NuStar will make a cash distribution of $0.212 per common unit to its common unitholders.
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