StockNews.AI
ET
StockNews.AI
182 days

Energy Transfer LP Announces Pricing of $3.0 Billion of Senior Notes

1. Energy Transfer is offering $3 billion in senior notes with varying maturities. 2. These notes may affect ET's cash flow and leverage ratios positively.

2m saved
Insight
Article

FAQ

Why Bullish?

The issuance strengthens ET's capital structure and financing options, resembling past successful note offerings.

How important is it?

This article discusses a significant capital raise that can enhance ET's financial flexibility and stability.

Why Long Term?

The funds can be used for growth projects, impacting future revenue positively, similar to earlier funding cycles.

Related Companies

ETXOMCHKPXD
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced the pricing of its offering of $650 million aggregate principal amount of 5.200% senior notes due 2030, $1.250 billion aggregate principal amount of 5.700% senior notes due 2035 and $1.100 billion aggregate principal amount of 6.200% senior notes due 2055 (together, the “senior notes”) at prices to the public of 99.796%, 99.872% and 99.398%, respectively, of their face value. The sale of the senior notes is expected to settl.

Related News