Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Energy Transfer Equity LP > News item |
Energy Transfer Equity plans $500 million tap of 5 7/8% notes due 2024 in Thursday drive-by
By Paul A. Harris
Portland, Ore., May 22 - Energy Transfer Equity, LP plans to price a $500 million tack-on to its non-callable 5 7/8% senior notes due Jan. 15, 2024 Thursday afternoon, following a late-morning conference call with investors, according to a syndicate source.
Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., Morgan Stanley & Co. and RBC Capital Markets are the joint bookrunners for the Rule 144A and Regulation S for life offer.
The Dallas-based midstream services provider plans to use the proceeds to refinance bank debt.
The original $450 million issue priced at par on Nov. 14, 2013.
Upon registration the tack-on notes will be fungible with the original notes.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.