debt
confidence high
sentiment neutral
materiality 0.60
Enterprise Products offers $1.65B senior notes reopening; proceeds to repay upcoming maturities
ENTERPRISE PRODUCTS PARTNERS L.P.
- Issued $300M 4.30% notes due 2028, $600M 4.60% notes due 2031, $750M 5.20% notes due 2036 as re-openings.
- Net proceeds for general corporate purposes and to repay $750M 5.05% notes (Jan 2026) and $875M 3.70% notes (Feb 2026).
- Notes are unsecured senior obligations guaranteed by Enterprise Products Partners L.P.
- Underwriters include BofA, J.P. Morgan, Morgan Stanley, RBC, and Truist Securities.