Energy Transfer LP entered into an underwriting agreement on July 6, 2026, to issue $650,000,000 in Series 2026A junior subordinated notes due 2057 at 6.550% interest and $1,100,000,000 in Series 2026B junior subordinated notes due 2057 at 6.700% interest. The offering is expected to close on July 20, 2026, with net proceeds of approximately $1,732,500,000 to be used to redeem Series H Preferred Units, refinance existing debt, and for general partnership purposes. Energy Transfer LP is an energy infrastructure company that manages midstream oil and gas assets.
