Moody's Assigns 'Baa3' Rating to Phillips 66 Partners (PSXP); Outlook Stable
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Phillips 66 Partners Announces Senior Notes Offering
October 11, 2016 8:40 AM EDTHOUSTON--(BUSINESS WIRE)-- Phillips 66 Partners LP (NYSE: PSXP) (the Partnership) today announced that it has commenced an underwritten public offering of two series of unsecured senior notes pursuant to an effective shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission (SEC). The actual terms of each series of unsecured senior notes, including principal amount, interest rate and maturity, will depend on market and other conditions.
The Partnership expects to use the net proceeds from this offering (i) to pay the cash consideration payable by the Partnership for its previously announced... More
Phillips 66 Partners Announces $1.3 Billion Acquisition
October 11, 2016 8:29 AM EDTAcquisition Includes 30 Phillips 66 Crude, Products, and NGL Logistics Assets
Expected to be immediately accretive to unitholders Assets support Phillips 66s Bayway, Billings, Borger and Ponca City refineries Phillips 66 to enter into long-term minimum volume commitmentsHOUSTON--(BUSINESS WIRE)-- Phillips 66 Partners LP (NYSE: PSXP) (the Partnership) has reached agreement with Phillips 66 (NYSE: PSX) to acquire 30 crude, refined products and natural gas liquids (NGL) logistics assets for total consideration... More
Phillips 66 Announces Quarterly Dividend
October 7, 2016 10:50 AM EDTHOUSTON--(BUSINESS WIRE)-- The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of 63 cents per share on Phillips 66 common stock. The dividend is payable on Dec. 1, 2016, to shareholders of record as of the close of business on Nov. 17, 2016.
About Phillips... More
