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Published on 1/10/2011 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Plains All American Pipeline calls $200 million 7¾% notes due 2012

By Melissa Kory

Cleveland, Jan. 10 - Plains All American Pipeline, LP announced that it will redeem its $200 million of 7¾% senior notes due Oct. 15, 2012.

The notes will be redeemed on Feb. 7 at par, plus accrued interest to the redemption date.

U.S. Bank, NA is the redemption agent.

The Houston-based firm is engaged in crude oil transportation, terminalling and storage, as well as crude oil and LPG gathering and marketing activities.


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