Reported Earlier, Energy Transfer LP Prices $3.5B Senior Notes And $400M Of Fixed-To-Fixed Reset Rate Junior Subordinated Notes

Author: Benzinga Newsdesk | June 07, 2024 02:43am

Energy Transfer LP (NYSE:ET) today announced the pricing of its concurrent offerings of $1.0 billion aggregate principal amount of 5.250% senior notes due 2029, $1.25 billion aggregate principal amount of 5.600% senior notes due 2034 and $1.25 billion aggregate principal amount of 6.050% senior notes due 2054 (together, the "senior notes"), and $400 million aggregate principal amount of 7.125% fixed-to-fixed reset rate junior subordinated notes due 2054 (the "junior subordinated notes") at a price to the public of 99.797%, 99.741%, 99.461%, and 100.000%, respectively, of their face value.

Posted In: ET