Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
Provider: Stock Traders Daily
Provider: New Constructs, LLC
Provider: MacroRisk Analytics/EconomicInvestor

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Energy Transfer Partners LP Announces Pricing of $1.5 Billion of Senior Notes

Thursday, 12 Sep 2013 06:47pm EDT 

Energy Transfer Partners LP announced the pricing of $700 million aggregate principal amount of its 4.15% senior notes due 2020, $350 million aggregate principal amount of its 4.90% senior notes due 2024 and $450 million aggregate principal amount of its 5.95% senior notes due 2043, at a price to the public of 99.829%, 99.181% and 97.647%, respectively, of their face value. The sale of the senior notes is expected to settle on September 19, 2013, subject to customary closing conditions. ETP intends to use the net proceeds of approximately $1.49 billion from this offering to repay $455 million of borrowings outstanding under the term loan of Panhandle`s wholly owned subsidiary, Trunkline LNG Holdings, LLC, to repay borrowings outstanding under ETP`s revolving credit facility and for general partnership purposes. Credit Suisse Securities (USA) LLC, J. P. Morgan Securities LLC, Citigroup Global Markets Inc. and UBS Securities LLC are acting as joint book-running managers for the offering. 

Company Quote

0.035 +0.26%
2:50pm EST