Energy Transfer LP priced a public offering of $900 million aggregate principal amount of 5.450% Senior Notes due 2032, $900 million of 5.900% Senior Notes due 2037, and $900 million of 6.550% Senior Notes due 2057. The notes were sold at prices ranging from 99.719% to 99.972% of face value, generating approximately $2.68 billion in net proceeds before offering expenses. The partnership intends to use the proceeds to refinance existing indebtedness, including repaying commercial paper and revolving credit facility borrowings, for general partnership purposes. Settlement is expected on November 20, 2026. Energy Transfer LP owns and operates one of the largest portfolios of energy assets in the United States, including approximately 140,000 miles of pipeline infrastructure.