Energy Transfer (ET) Prices $4B Notes Offering
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Energy Transfer LP Announces Pricing of $4.0 Billion of Senior Notes
October 10, 2023 6:45 PM EDTDALLAS--(BUSINESS WIRE)-- Energy Transfer LP (NYSE: ET) today announced the pricing of its $1.0 billion aggregate principal amount of 6.050% senior notes due 2026, $500 million aggregate principal amount of 6.100% senior notes due 2028, $1.0 billion aggregate principal amount of 6.400% senior notes due 2030 and $1.5 billion aggregate principal amount of 6.550% senior notes due 2033 at a price to the public of 99.941%, 99.887%, 99.885% and 99.886%, respectively, of their face value.
The sale of the senior notes is expected to settle on October 13, 2023, subject to the satisfaction of customary closing conditions. Energy Transfer intends to use the net proceeds of approximately $3.973 billion (before... More
