Plains All American Pipeline LP - 2013-08-15

Description

Completed an underwritten public offering of senior unsecured notes due 2023 at 99.792% with a yield to maturity of 3.874%. Net proceeds will be used to repay outstanding borrowings under its credit facilities and for general partnership purposes. J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Inc., DNB Markets Inc., and Mizuho Securities USA Inc. were joint book-running managers.

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Estimated Price
$700.0MM
Financing Type
Report Date