Enterprise Products Partners Raises $1.65 Billion in Senior Notes Offering

Enterprise Products Partners L.P. has priced a public offering of $1.65 billion in senior notes, with $300 million due June 20, 2028, $600 million due January 15, 2031, and $750 million due January 15, 2036. The proceeds will be used for general purposes, growth capital investments, and debt repayment. The senior notes will be issued at a premium, with fixed-rate interest coupons ranging from 4.30% to 5.20%. Enterprise will guarantee the senior notes through an unconditional guarantee on an unsecured and unsubordinated basis.