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Energy Transfer LP Announces Pricing of $2.0 Billion of Junior Subordinated Notes

1. Energy Transfer LP prices $2 billion in junior subordinated notes for funding. 2. The notes have a long maturity, indicating a stable financing strategy.

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FAQ

Why Bullish?

Issuing notes at face value reflects strong market demand. Historically, similar issuances resulted in stock price appreciation.

How important is it?

The notes direct funding could support further investments, enhancing the long-term value proposition of ET.

Why Long Term?

The long maturity of the notes suggests stable financing through 2056, supporting future growth.

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ETENBKMI
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced the pricing of its offering of $1,200,000,000 aggregate principal amount of Series 2025A junior subordinated notes due 2056 (the “Series 2025A notes”) and $800,000,000 aggregate principal amount of Series 2025B junior subordinated notes due 2056 (the “Series 2025B notes,” and together with the Series 2025A notes, the “junior subordinated notes”) each at prices to the public of 100.000% of their face value. Initially, the Ser.

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