Enterprise Products Partners LP

Enterprise Products Partners LP said that its operating subsidiary, Enterprise Products Operating LLC, has priced a public offering of $3 billion aggregate principal amount of notes comprised of $1 billion principal amount of senior notes due January 31, 2030, $1 billion principal amount of senior notes due January 31, 2051, and $1 billion principal amount of senior notes due January 31, 2060.

We expect to use the net proceeds of this offering for the repayment of debt (including repayment of amounts outstanding under our commercial paper program and payment of our $500 million principal amount of senior notes Q due January 2020 and $1 billion principal amount of senior notes Y due September 2020, at their respective maturities) and (ii) for general company purposes, including for organic growth capex.