Plains All American Pipeline LP - 2015-03-09

Description

Completed an underwritten public offering of 21 million common units sold at $50 per unit. The underwriter was also granted an option to buy up to about 3.2 million additional units. Proceeds will be used to repay outstanding borrowings under its commercial paper program and for general partnership purposes, including acquisitions, JV investments and other expansion capital expenditures. Barclays Capital Inc. was sole underwriter.

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Estimated Price
$1,100.0MM
Financing Type
Report Date