Enterprise Products to price fixed-rate senior notes in three parts

By Devika Patel

Knoxville, Tenn., Jan. 6 – Enterprise Products Operating LLC will offer fixed-rate senior notes in three tranches, according to a 424B3 filing with the Securities and Exchange Commission.

The notes are unconditionally guaranteed by parent company Enterprise Products Partners LP.

The notes will have make-whole calls initially, then par calls.

Citigroup Global Markets Inc., Barclays, SunTrust Robinson Humphrey Inc. and Wells Fargo Securities LLC are the bookrunners.

Proceeds will be used for debt repayment and general company purposes.

The midstream energy services provider is based in Houston.

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