Energy Transfer Partners pricing four-part senior notes offering

By Aleesia Forni

Virginia Beach, June 18 – Energy Transfer Partners LP intends to price senior notes in four parts, according to a 424B3 filing with the Securities and Exchange Commission.

The sale includes a reopening of the company’s 4.15% notes due Oct. 1, 2020, of which $700 million sold at Treasuries plus 185 basis points on Sept. 12, 2013, along with three new tranches of notes.

Deutsche Bank Securities Inc., MUFG and Wells Fargo Securities LLC are the joint bookrunners.

Proceeds will be used to repay borrowings outstanding under the company’s revolving credit facility, to fund growth capital expenditures and for general partnership purposes.

The energy gathering and transportation company is based in Dallas.

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