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Latham & Watkins Advises Energy Transfer LP in Pricing of US$2.5 Billion of Senior Notes

December 8, 2022
Houston-based team represents the owner and operator of one of the largest and most diversified portfolios of energy assets in the US.

Energy Transfer LP (NYSE: ET) announced the pricing of its US$1.0 billion aggregate principal amount of 5.550% senior notes due 2028 and US$1.5 billion aggregate principal amount of 5.750% senior notes due 2033 at a price to the public of 99.974% and 99.891%, respectively, of their face value. The sale of the senior notes is expected to settle on December 14, 2022, subject to the satisfaction of customary closing conditions.

Latham & Watkins LLP represents Energy Transfer in the transaction with a Houston-based corporate deal team led by partners Kevin Richardson and Bill Finnegan, with associates Dan Harrist, Michael Pascual, Kathy Phan, and Kevin Donovan.