Energy Transfer (ET) Announces 86.9M Unit Secondary Offering

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Go back to Energy Transfer (ET) Announces 86.9M Unit Secondary Offering

Energy Transfer Announces Secondary Public Offering of Common Units

December 7, 2021 4:12 PM EST

DALLAS--(BUSINESS WIRE)-- Energy Transfer LP (NYSE: ET) (ET) announced today the commencement of an underwritten secondary public offering of 86,956,522 common units representing limited partner interests in ET (common units) by CenterPoint Midstream Energy, Inc. (the Selling Unitholder), a subsidiary of CenterPoint Energy, Inc. (NYSE: CNP). The Selling Unitholder intends to grant Citigroup, J.P. Morgan and Morgan Stanley, as representatives of the underwriters, a 30-day option to purchase 13,043,478 additional common units from the Selling Unitholder. ET is not selling any common units in the offering... More