---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-187673"
form_type: "8-K"
ticker: "ET"
cik: "0001276187"
company_name: "Energy Transfer LP"
filed_at: "2025-08-25T23:59:59+00:00"
generated_at: "2026-05-17T10:10:57.325725+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "medium"
source: SEC EDGAR
---

# Energy Transfer closes $2B junior subordinated notes offering due 2056

## Summary
- Closed offering of $1.2B Series 2025A and $800M Series 2025B Junior Subordinated Notes due 2056.
- Notes are junior subordinated obligations under indenture dated December 14, 2022.
- Offering closed on August 25, 2025; prospectus supplement filed August 13.
- Use of proceeds not disclosed in the 8-K; likely general corporate purposes.

## SEC filing metadata
- accession: 0001193125-25-187673
- form_type: 8-K
- ticker: ET
- cik: 0001276187
- company_name: Energy Transfer LP
- filed_at: 2025-08-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: medium
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1276187/000119312525187673/0001193125-25-187673-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1276187/000119312525187673/d84594d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-187673
- JSON: https://secwatch.observer/filing/0001193125-25-187673.json
- Plain text: https://secwatch.observer/filing/0001193125-25-187673.txt

## Key facts
- Debt Financings
  Energy Transfer LP incurred senior notes of $800,000,000 aggregate principal amount of its Series 2025B Junior Subordinated Notes due 2056 with U.S. Bank Trust Company, National Association, as trustee maturing due 2056.
  - Instrument: senior notes
  - Principal: $800,000,000 aggregate principal amount of its Series 2025B Junior Subordinated Notes due 2056
  - Counterparty: U.S. Bank Trust Company, National Association, as trustee
  - Maturity: due 2056
  - Event: incurrence
  source text: $800,000,000 aggregate principal amount of its Series 2025B Junior Subordinated Notes due 2056
  evidence_url: https://www.sec.gov/Archives/edgar/data/1276187/000119312525187673/0001193125-25-187673-index.htm
- Debt Financings
  Energy Transfer LP incurred senior notes of $1,200,000,000 aggregate principal amount of its Series 2025A Junior Subordinated Notes due 2056 with U.S. Bank Trust Company, National Association, as trustee maturing due 2056.
  - Instrument: senior notes
  - Principal: $1,200,000,000 aggregate principal amount of its Series 2025A Junior Subordinated Notes due 2056
  - Counterparty: U.S. Bank Trust Company, National Association, as trustee
  - Maturity: due 2056
  - Event: incurrence
  source text: completed its previously reported underwritten public offering (the “Offering”) of $1,200,000,000 aggregate principal amount of its Series 2025A Junior Subordinated Notes due 2056
  evidence_url: https://www.sec.gov/Archives/edgar/data/1276187/000119312525187673/0001193125-25-187673-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.