NuStar Logistics L.P. 7.625% Fixed-to-Floating Rate Subordinated Notes due 2043

The Notes will bear interest from the date of issuance to but not including January 15, 2018, which we refer to as the “Fixed Rate Period,” at an annual rate of 7.625% of their principal amount, payable quarterly in arrears on January 15, April 15, July 15 and October 15 of each year, commencing April 15, 2013, and thereafter, which we refer to as the “Floating Rate Period,” at an annual rate equal to the sum of the Three-Month LIBOR Rate (as defined in “Description of the Notes — Determining the Floating Rate; Calculation Agent”) for the related interest period plus a spread of 673.4 basis points, payable quarterly in arrears on January 15, April 15, July 15 and October 15 of each year, commencing April 15, 2018.

We show the dividend in the grid below as 0 as the issue is now in the floating rate period and investors should go the issuer website to determine current coupon




NSS
NS
None
01/15/2013
01/15/2018
01/15/2043
14,000,000
2,100,000
7.625%
$25.00
No
No
0.0
MAR, JUN, SEP, DEC
28
JAN, APR, JUL, OCT
15
B
C
Ba2