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New Issue-Enterprise Products sells $1.75 bln in 2 parts

Mon Aug 6, 2012 3:51pm EDT 

Aug 6 (Reuters) - Enterprise Products Operating LLC
 on Monday sold $1.75 billion of senior unsecured
notes in two parts, said IFR, a Thomson Reuters service.
    The issue is guaranteed by Enterprise Products Partners LP
.
    Barclays, Citigroup, and SunTrust were the active joint
bookrunning managers for the sale.

BORROWER: ENTERPRISE PRODUCTS OPERATING LLC 

TRANCHE 1
AMT $650 MLN    COUPON 1.25 PCT    MATURITY    08/13/2015
TYPE SR NTS     ISS PRICE 99.941   FIRST PAY   02/13/2013
MOODY'S Baa2    YIELD 1.27 PCT     SETTLEMENT  08/13/2012   
S&P TRIPLE-B    SPREAD 95 BPS      PAY FREQ    SEMI-ANNUAL
FITCH TRIPLE-B   MORE THAN TREAS   MAKE-WHOLE CALL 15 BPS
    
TRANCHE 2
AMT $1.1 BLN    COUPON 4.45 PCT    MATURITY    02/15/2043
TYPE SR NTS     ISS PRICE 99.47    FIRST PAY   02/15/2013
MOODY'S Baa2    YIELD 4.482 PCT    SETTLEMENT  08/13/2012   
S&P TRIPLE-B    SPREAD 185 BPS     PAY FREQ    SEMI-ANNUAL
FITCH TRIPLE-B   MORE THAN TREAS   MAKE-WHOLE CALL 30 BPS
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