DCP Midstream Operating LP - 2010-09-24

Priced an offering of $250 million aggregate principal amount of 3.250% senior notes due 2015 at a price to the public of 99.922% of their face value. The notes will be fully and unconditionally guaranteed by the partnership. Net proceeds will be used to reduce debt under its revolving credit facility. Barclays Capital Inc., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. Inc. and Wells Fargo Securities LLC are joint book-running managers.