El Paso Pipeline Partners LP - 2011-05-13

Priced a public offering of 14 million common units at $34.51 per common unit. The partnership has also granted the underwriters a 30-day option to purchase up to an aggregate of 2.1 million additional common units. Net proceeds from the offering, including the general partner's proportionate capital contribution and any exercise of the underwriters' option to purchase additional units, will be used for general partnership purposes and to reduce debt. Morgan Stanley, BofA Merrill Lynch, Barclays Capital, Citi, Credit Suisse and Wells Fargo Securities are joint book-running managers. Goldman, Sachs & Co., UBS Investment Bank, Deutsche Bank Securities and RBC Capital Markets are co-managing underwriters.