Plains All American Pipeline LP (NYSE: PAA) opened a public offer of two series of senior notes, the company said Dec. 2.
Net proceeds will repay outstanding commercial paper program borrowings and support general partnership purposes, the company added, noting that amounts under the paper program may be reborrowed as necessary.
Barclays Capital Inc., SunTrust Robinson Humphrey Inc. and Wells Fargo Securities LLC are joint book-running managers.
Plains All American Pipeline is a North America-focused midstream MLP.
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