RPT-Enterprise Products to issue $1.5 bln debt - IFR

Tue Jan 4, 2011 4:47pm EST

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Jan 4 (Reuters) - Enterprise Products Partners LP (EPD.N) is planning to issue debt worth $1.5 billion in a two-part sale, the IFR reported.

The 5-year bonds are expected to be priced at a yield of 120 basis points over comparable Treasuries and 30-year notes are expected to be priced at a yield of 155 basis points over comparable Treasuries, said IFR, a Thomson Reuters service.

Early guidance for the 5-year bonds was to price at a yield of 125 basis points over comparable Treasuries and 30-year notes to price at a yield of 160 basis points over comparable Treasuries. (Reporting by NR Sethuraman in Bangalore; Editing by Anne Pallivathuckal)

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