Boardwalk Pipelines to sell 10-year notes via nine bookrunners

By Devika Patel

Knoxville, Tenn., April 30 – Boardwalk Pipelines, LP is expected to sell senior notes due 2029, according to a 424B5 filing with the Securities and Exchange Commission.

The notes feature a make-whole call and then a par call.

The bookrunners are Barclays, J.P. Morgan Securities LLC, MUFG, BB&T Capital Markets, Citigroup Global Markets Inc., HSBC Securities (USA) Inc., Mizuho Securities USA Inc., U.S. Bancorp Investments Inc. and Wells Fargo Securities LLC.

The notes are fully and unconditionally guaranteed by parent company Boardwalk Pipeline Partners, LP.

Proceeds will be used to retire all or some of the company’s $350 million of 5.75% notes due 2019 at or near maturity and for general partnership purposes.

Boardwalk Pipelines is a Houston-based owner and operator of natural gas pipelines and storage facilities.

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