secwatch.observer — SEC 8-K summary
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Issuer:     PLAINS ALL AMERICAN PIPELINE LP (PAA)
CIK:        0001070423
Form:       8-K
Filed at:   2025-09-08T23:59:59+00:00
Accession:  0001104659-25-088257
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Plains All American Pipeline prices $1.25B dual-tranche senior notes offering
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- Issued $700M 4.700% Senior Notes due 2031 and $550M 5.600% Senior Notes due 2036.
- Notes mature Jan 15, 2031 and Jan 15, 2036; interest payable Jan 15 and Jul 15 starting Jan 15, 2026.
- Notes are senior unsecured, rank equally with existing senior debt and effectively subordinated to secured debt.
- Issuers may redeem notes at any time prior to maturity at specified redemption prices.
- Offering closed Sep 8, 2025; underwriting agreement with BofA, Barclays, PNC, TD Securities, Wells Fargo.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070423/000110465925088257/0001104659-25-088257-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070423/000110465925088257/tm2524999d4_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-088257

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