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ETE launches $1.0B senior note offering
Q2: U.S. Solar and Wind Power by the Numbers
Essential Energy Insights - September 17, 2020
Essential Energy Insights September 2020
Rate case activity slips, COVID-19 proceedings remain at the forefront in August
Energy Transfer Equity LP commenced an offering of $1.0 billion of its 4.25% senior notes due 2023, priced at 99.0%, for total proceeds of $990 million.
Proceeds from the offering would be used to repay a portion of ETE's debts under its senior secured term loan facility and for general partnership purposes, according to an Oct. 3 news release.
The offering is scheduled to close on Oct. 18. Morgan Stanley and Mizuho Securities are acting as joint book-running managers.