Plains All American Pipeline LP opened a public offering of senior notes, the company said Aug. 17.
Net proceeds will repay outstanding commercial paper program borrowings and support general partnership purposes.
Amounts repaid under the paper program may be reborrowed to fund the capital program, future acquisitions and investments and general partnership purposes.
Citigroup Global Markets Inc., Mizuho Securities USA Inc., Mitsubishi UFJ Securities (USA) Inc. and UBS Securities LLC are joint book-running managers.
Plains All American Pipeline is LP based in Houston.
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