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Energy Transfer LP Announces Pricing of $1.75 Billion of Junior Subordinated Notes

Credit & Bond MarketsCompany FundamentalsBanking & Liquidity

Energy Transfer LP (ET) announced the pricing of a $650 million offering of Series 2026A junior subordinated notes. The filing provides the aggregate principal size of the debt deal, with limited immediate fundamental detail on the terms/yields, implying a modest impact at most for ET shares.

Analysis

Energy Transfer LP (ET) announced the pricing of a $650 million offering of Series 2026A junior subordinated notes. The filing provides the aggregate principal size of the debt deal, with limited immediate fundamental detail on the terms/yields, implying a modest impact at most for ET shares.

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