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Enterprise Products Partners Prices $2 Billion Senior Notes Offering

BY MT Newswires | CORPORATE | 06/17/25 06:06 PM EDT

06:06 PM EDT, 06/17/2025 (MT Newswires) -- Enterprise Products Partners (EPD) said late Tuesday its unit, Enterprise Products Operating, has priced a public offering of three senior notes totaling $2 billion.

The company said the 4.3% notes due 2028 of $500 million will be issued at 99.869% of their principal amount, and the 4.60% notes due 2031 of $750 million will be issued at 99.816%.

An additional 5.20% notes due 2036 of $750 million will be issued at 99.665% of their principal amount, it said.

The company said it plans to use the net proceeds for debt repayment and general corporate purposes.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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