Energy Transfer Equity Announces Pricing of $700 Million of 5.875% Senior Notes Due 2024
ETE intends to use the net proceeds from the sale of the new notes to repay amounts outstanding under its revolving credit facility, and remaining net proceeds will be used for general partnership purposes.
The securities to be offered have not been registered under the
Securities Act of 1933, as amended (the “Securities Act”), or any state
securities laws and, unless so registered, the securities may not be
offered or sold in
The new notes will be offered in a private offering exempt from the
registration requirements of the Securities Act. The new notes will be
offered inside
This press release is neither an offer to sell nor a solicitation of an offer to buy the new notes or any other securities and shall not constitute an offer to sell or a solicitation of an offer to buy, or a sale of, the new notes or any other securities in any jurisdiction in which such offer, solicitation or sale is unlawful.
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)