Latham Advises Energy Transfer on US$3 Billion Senior Notes Offering

Energy Transfer LP (NYSE: ET) has announced the pricing of its offering of US$1 billion aggregate principal amount of 4.55% senior notes due 2031, US$1 billion aggregate principal amount of 5.35% senior notes due 2036 and US$1 billion aggregate principal amount of 6.3% senior notes due 2056 at prices to the public of 99.83%, 99.933% and 99.842%, respectively, of their face value.

Latham & Watkins LLP represents Energy Transfer in the offering with a corporate team led by Houston partner Kevin Richardson, with associates Brian Bruzzo, Nikky Wei, and Jennifer Hayes. Advice was also provided on tax matters by Houston partners Tim Fenn and Bryant Lee, with associate Molly Elkins; and on environmental matters by Los Angeles/Houston partner Joshua Marnitz, with associate Jacqueline Zhang.