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Enterprise Products Partners Prices $412 Million Of Common Units

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September 25, 2012

Enterprise Products Partners L.P. (NYSE: EPD) announced that it has priced a public offering of 8,000,000 common units, representing limited partner interests in the partnership at a public offering price of $53.07 per common unit.

Enterprise will use the net proceeds of approximately $412 million from this offering, including any exercise of the over-allotment option by the underwriters, to temporarily reduce borrowings under its multi-year revolving credit facility and for general partnership purposes.

Wells Fargo Securities, Barclays, BofA Merrill Lynch, Citigroup, J.P. Morgan, Morgan Stanley and UBS Investment Bank are ...


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