secwatch.observer — SEC 8-K summary
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Issuer:     Energy Transfer LP (ET)
CIK:        0001276187
Form:       8-K
Filed at:   2023-11-06T23:59:59+00:00
Accession:  0001193125-23-270805
Event type: m_and_a
Sentiment:  positive
Materiality: 0.95
Item codes: 1.01, 2.03, 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Energy Transfer completes acquisition of Crestwood Equity Partners LP
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- Crestwood common unitholders received 2.07 Energy Transfer common units per Crestwood unit.
- Energy Transfer issued 41,464,187 Series I Preferred Units (ETprI) to holders of Crestwood preferred units.
- Energy Transfer assumed approximately $2.85 billion aggregate principal of senior notes under five indentures.
- Transaction is immediately accretive to distributable cash flow per unit for Energy Transfer.
- Expected initial annual run-rate cost and efficiency synergies of at least $40 million.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1276187/000119312523270805/0001193125-23-270805-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1276187/000119312523270805/d563168d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-270805

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