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Reported Earlier, Plains All American Prices $650M 5.700% Senior Notes Due 2034 Offering To Refinance Upcoming Debt

Author: Benzinga Newsdesk | June 18, 2024 05:26am

Plains All American Pipeline, L.P. (NYSE:PAA) today announced that it and PAA Finance Corp., a wholly-owned subsidiary of PAA, as co-issuer, have priced an underwritten public offering (the "Offering") of $650 million aggregate principal amount of 5.700% senior unsecured notes (the "Notes") due 2034 at a price to the public of 99.953% of their face value. The Offering is expected to close on June 27, 2024, subject to the satisfaction of customary closing condit

Posted In: PAA