New York, January 14, 2013 -- Moody's Investors Service assigned a Ba2 rating to NuStar Logistics, L.P.'s fixed/floating rate subordinated notes. NuStar Logistics is the main operating subsidiary and financing entity for NuStar Energy L.P (NuStar), a Public Master Limited Partnership. NuStar and another wholly-owned subsidiary, NuStar Pipeline Operating Partnership L.P., will unconditionally guarantee the notes in accordance with their subordination provisions.

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