Energy Transfer to use proceeds of subordinated notes to pay debt

By Mary-Katherine Stinson

Lexington, Ky., Jan. 10 – Energy Transfer LP will use the proceeds from a planned dollar-denominated subordinated note offering to repay debt, including under the company’s revolver maturing April 11, 2027, according to a 424B3 filing with the Securities and Exchange Commission.

Dallas-based Energy Transfer Partners owns and operates a portfolio of energy assets.

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