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News  ›  GlobeNewswire Inc.

Plains All American Announces Pricing of Public Offering of $750 Million of Senior Notes

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Plains All American Pipeline, L.P.
Plains All American Announces Pricing of Public Offering of $750 Million of Senior Notes

Plains All American Pipeline and PAA Finance Corp. are pricing a $750 million underwritten public offering of debt securities, consisting of $300 million 4.70% Senior Notes due 2031 and $450 million 5.60% senior unsecured notes due 2036, with proceeds intended for general partnership purposes.

Insights
TCEHY   neutral

Mentioned as one of the tech giants dealing with high energy costs


PAA   neutral

The company is issuing additional debt securities to refinance existing debt and support general business operations, indicating a standard financial management strategy without significant positive or negative implications