Energy Transfer Operating LP

Energy Transfer Operating LP has priced an underwritten public offering of $1 billion aggregate principal amount of its 2.900% senior notes due 2025, $1.5 billion aggregate principal amount of its 3.750% senior notes due 2030 and $2 billion aggregate principal amount of its 5.000% senior notes due 2050 at a price to the public of 99.924%, 99.843% and 99.914%, respectively, of their face value.

ETO also priced an underwritten public offering of 500,000 of its 6.750% Series F Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Units at a price of $1,000 per unit, and 1.1 million of its 7.125% Series G Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Units at a price of $1,000 per unit.