debt
confidence high
sentiment neutral
materiality 0.55
Energy Transfer announces debt offerings; plans to redeem Series C, D, E preferred units
Energy Transfer LP
- Concurrently offering senior notes due 2034 and 2054 and fixed-to-fixed reset junior subordinated notes due 2054.
- Net proceeds to refinance existing debt (incl. revolver) and redeem Series C, D, and, when redeemable on May 15, 2024, Series E preferred units.
- Underwriters: Citigroup, Credit Agricole, Deutsche Bank, PNC Capital Markets, RBC Capital Markets.
- Offerings are separate registered public offerings by prospectus supplement; not a notice of redemption.