Energy Transfer Prices Of $3B Of Senior Notes And $800M Of Fixed-To-Fixed Reset Rate Junior Subordinated Notes

Author: Benzinga Newsdesk | January 11, 2024 02:56am

Energy Transfer LP (NYSE:ET) today announced the pricing of its concurrent offerings of $1.25 billion aggregate principal amount of 5.550% senior notes due 2034 and $1.75 billion aggregate principal amount of 5.950% senior notes due 2054 (together, the "senior notes") and $800 million aggregate principal amount of 8.000% fixed-to-fixed reset rate junior subordinated notes due 2054 (the "junior subordinated notes") at a price to the public of 99.660%, 99.523%, and 100.000%, respectively, of their face value.

Posted In: ET