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El Paso Pipeline to repay some loans with $500 million note proceeds
By Susanna Moon
Chicago, Sept. 15 - El Paso Pipeline Partners Operating, LLC said it plans to pay down some debt under its revolving credit facility with proceeds from $500 million of senior notes due 2021.
Proceeds from the offering also will be used for general partnership purposes, according to the company's press release.
El Paso Pipeline is a Houston-based natural gas provider. The issuer is a wholly owned operating subsidiary of El Paso Pipeline Partners, LP.
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