Energy Transfer moves for full redemption of series E preferreds

Chicago, March 20 – Energy Transfer LP will redeem all of its outstanding series E fixed-to-floating rate cumulative redeemable perpetual preferred units on May 15, according to a press release.

The company will redeem each unit at $25.00 plus accrued distributions to the redemption for $0.475 per unit.

May 1 is the record date.

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

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