Energy Transfer LP (ET) Prices $2.7B of Senior Notes

Energy Transfer (ET) priced a $2.7 billion senior notes offering with three tranches due in 2032, 2037, and 2057, carrying coupons of 5.450%, 5.900%, and 6.550%. Proceeds will refinance existing debt and support general partnership purposes. Analysts rate ET stock as Buy with a $25.00 price target, while TipRanks' AI Analyst rates it as Neutral.

Energy Transfer (ET) plans to issue $2.7B in senior notes, maturing in 2032, 2037, and 2057, with interest rates ranging from 5.45% to 6.55%. The offering, expected to close on November 20, 2026, will be used to refinance debt and for general partnership purposes, according to the company.

Energy Transfer L.P. (ET) plans to issue $2.7B in senior notes (5.45%-6.55% coupons, maturing 2032-2057) to refinance commercial paper and revolver debt, with settlement expected Nov 20, 2026. Net proceeds (~$2.68B) will repay existing debt and support general purposes.

Energy Transfer LP (ET) announced a $1.6B investment in the South Mississippi Pipeline Project, a 215-mile pipeline to transport 1.2B cubic feet of natural gas daily, starting operations in 2030. The company will own 51%, with shippers holding the rest. ET also plans to build the Bear II cryogenic facility in the Delaware Basin.

Federal regulators approved Energy Transfer's $1B Blue Marlin Offshore Port, capable of exporting 2M barrels of crude oil daily. The project will convert a gas pipeline and create 39 jobs. Louisiana Gov. Landry endorsed the plan, which faces environmental and safety conditions. Energy Transfer also plans a $1.6B gas pipeline for Meta's data center.

Energy Transfer (ET) plans to raise $2.7B through senior notes, with three tranches maturing in 2032, 2037, and 2057. Interest rates range from 5.45% to 6.55%. The offering aims to refinance existing debt, according to the company.