Latham & Watkins Advises Energy Transfer LP on US$2.7 Billion Senior Notes Offering

Energy Transfer LP (Texas Stock Exchange, TXSE: ET) has announced the pricing of its offering of US$2.7 billion of senior notes, consisting of US$900 million aggregate principal amount of 5.450% senior notes due 2032, US$900 million aggregate principal amount of 5.900% senior notes due 2037, and US$900 million aggregate principal amount of 6.550% senior notes due 2057.

Latham & Watkins LLP represents Energy Transfer LP in the offering with a corporate team led by Houston partner Kevin Richardson and Austin partner Samuel Rettew, with associates Sarah Rodrigue, Nikky Wei, Candace Cravey, and William Ke. Advice was also provided on tax matters by Houston partners Tim Fenn and Bryant Lee, with associate Hollan Farner; and on environmental matters by Los Angeles/Houston partner Joshua Marnitz, with associate Jacqueline Zhang.