Buckeye Partners LP - 2013-11-06
Description
Priced an offering of $400 million 2.65% senior notes due 2018 and $400 million 5.85% senior notes due 2043 at 99.823% and 98.581% of par. Net proceeds will be used to fund its acquisition of liquid petroleum products terminals from Hess Corp. and for general partnership purposes. Barclays Capital Inc., SunTrust Robinson Humphrey Inc., Wells Fargo Securities LLC, Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, and UBS Securities LLC are joint book-running managers.