Energy Transfer LP Announces Pricing of $3.0 Billion Senior Notes Offering

Summary

Energy Transfer LP announced on February 18, 2025 the pricing of its $3.0 billion senior notes offering. The offering consists of $650 million of 5.200% notes due 2030, $1.25 billion of 5.700% notes due 2035, and $1.1 billion of 6.200% notes due 2055. The proceeds will be used to refinance existing indebtedness and for general partnership purposes. The sale is expected to close on March 4, 2025. BofA Securities, Citigroup, Deutsche Bank Securities, Mizuho and SMBC Nikko are acting as joint book-running managers for the offering.