Energy Transfer Equity Announces Increase in Tender Cap and Extends Expiration Time Relating to the Tender Offer of Its Outstanding 7.500% Senior Notes Due 2020
Principal | ||||||||||
|
CUSIP and | Amount | ||||||||
Title of Security |
ISIN Numbers | Outstanding | Tender Cap | |||||||
7.500% Senior Notes |
29273VAC4 and |
$1,800,000,000 | $600,000,000 | |||||||
Additionally, the Partnership is extending the time that the Tender
Offer will expire from
All other material terms of the Tender Offer remain unchanged. Eligible
holders should refer to the Offer to Purchase dated
The dealer managers for the Tender Offer are
Credit Suisse Securities (USA) LLC |
Goldman, Sachs & Co. |
||
Eleven Madison Avenue |
200 West Street |
||
New York, New York 10010-3629 |
New York, New York 10282 |
||
Attention: Liability Management Group |
Attention: Liability Management Group |
||
U.S. Toll Free: (800) 820-1653 |
U.S. Toll Free: (800) 828-3182 |
||
Collect: (212) 325-2476 |
Collect: (212) 902-6941 |
D.F. King & Co. |
Attention: Elton Bagley |
48 Wall Street - 22nd Floor |
New York, New York 10005 |
Banks and Brokers call: (212) 269-5550 |
All others: (800) 488-8035 |
Email: energytransfer@dfking.com |
None of the Partnership, the dealer managers, the information agent, the tender agent or the trustee for the Notes or their respective affiliates is making any recommendation as to whether Holders should tender all or any portion of their Notes in the Tender Offer.
Forward-Looking Statements
This press release may include certain statements concerning
expectations for the future that are forward-looking statements as
defined by federal law, including statements concerning the
Partnership’s expectations regarding the terms and completion of the
Tender Offer. Such forward-looking statements are subject to a variety
of known and unknown risks, uncertainties, and other factors that are
difficult to predict and many of which are beyond management’s control.
An extensive list of factors that can affect future results are
discussed in the Partnership’s Annual Report on Form 10-K for the year
ended
This press release shall not constitute an offer to buy, or the solicitation of an offer to sell, securities, nor a solicitation for acceptance of the Tender Offer for the Notes. The Tender Offer is only being made pursuant to the terms of the Offer to Purchase. Holders of the Notes should read these materials because they contain important information. The Tender Offer is not being made in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction.
Source:
Investor Relations:
Energy Transfer
Brent Ratliff,
214-981-0700
or
Media Relations:
Granado
Communications Group
Vicki Granado, 214-599-8785
214-498-9272
(cell)