debt
confidence high
sentiment neutral
materiality 0.75
Energy Transfer prices $3.0B senior notes in three tranches; proceeds to refinance debt
Energy Transfer LP
- $650M of 5.200% notes due 2030, $1.25B of 5.700% notes due 2035, $1.1B of 6.200% notes due 2055.
- Net proceeds of ~$2.97B to repay commercial paper and revolving credit facility borrowings.
- Pricing at 99.796%, 99.872%, and 99.398% of face value respectively; closing expected March 4, 2025.
- Joint book-runners: BofA Securities, Citigroup, Deutsche Bank Securities, Mizuho, SMBC Nikko.