TE Products Pipeline calls its $175 million of 7.51% notes

By Susanna Moon

Chicago, Dec. 28 - TE Products Pipeline Co., LLC plans to redeem all of its outstanding 7.51% senior notes due 2028 on Jan. 28, according to an 8-K filing with the Securities and Exchange Commission.

As of Dec. 26, the outstanding principal amount of the notes was $175 million.

The company said it will pay 103.755% of the principal amount plus accrued interest to the redemption date.

The Houston-based company transports and stores refined products, liquefied petroleum gases and petrochemicals.

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