Energy Transfer Prices $2.7 Billion in New Senior Notes Across Three Maturities

Energy Transfer LP has agreed to sell $2.7 billion in senior notes across three tranches, according to an underwriting agreement filed with the SEC.

The Texas-based pipeline partnership will issue $900,000,000 of 5.450% Senior Notes due 2032, $900,000,000 of 5.900% Senior Notes due 2037, and $900,000,000 of 6.550% Senior Notes due 2057, the filing shows.

The underwriting agreement, dated November 5, 2026, was signed with a group of banks acting as representatives of the several underwriters: Barclays Capital Inc., Deutsche Bank Securities Inc., Morgan Stanley & Co. LLC, RBC Capital Markets, LLC and Wells Fargo Securities, LLC.

The notes will be issued under an indenture originally dated December 14, 2022 between Energy Transfer and U.S. Bank Trust Company, National Association, as trustee, as supplemented by a Thirteenth Supplemental Indenture to be dated on the delivery date of the notes.

LE GP, LLC is identified in the filing as the general partner of Energy Transfer LP.

The offering is made under an automatic shelf registration statement on Form S-3 that became effective on June 6, 2024, as amended by a post-effective amendment. The filing states that the Securities and Exchange Commission has not issued any order preventing or suspending use of the registration statement or related offering documents.

Finazon · prior-day close, indicative (IEX-derived, not the official close) · Nov 6, 2026