debt
confidence high
sentiment neutral
materiality 0.50
Plains All American issues $1B of 5.950% Senior Notes due 2035
PLAINS ALL AMERICAN PIPELINE LP
- Issued $1 billion aggregate principal amount of 5.950% Senior Notes due June 15, 2035.
- Interest payable semi-annually on June 15 and December 15, starting June 15, 2025.
- Notes are senior unsecured and rank equally with all existing and future senior debt.
- Issuers may redeem some or all notes at any time prior to maturity at specified prices.
- Underwriting agreement with J.P. Morgan, BMO, Mizuho, and Scotia Capital for the offering.