On September 14, 2026, Plains All American Pipeline, L.P. completed a public offering of $700 million in 6.750% Series A Junior Subordinated Notes due 2056 and $800 million in 7.000% Series B Junior Subordinated Notes due 2056, totaling $1.5 billion in aggregate principal amount. Interest is payable semi-annually on June 15 and December 15, commencing June 15, 2027. The notes are unsecured obligations ranking junior to senior indebtedness and mature on December 15, 2056. Plains All American Pipeline operates in the midstream energy sector, owning and operating petroleum pipelines.

Plains All American Pipeline LP priced a $1.5 billion underwritten public offering of junior subordinated notes due in 2056, comprising $700 million of 6.75% Series A notes and $800 million of 7.00% Series B notes. The company intends to use the net proceeds, along with cash on hand and commercial paper borrowings, to redeem all outstanding preferred units. Specifically, it will redeem 58,411,908 Series A preferred units at $28.875 per unit (110% of par) around September 14, 2026, and 800,000 Series B preferred units at $1,000 per unit (par value) around October 9, 2026. The offering is expected to close on September 14, 2026. Plains All American Pipeline LP operates in the energy infrastructure sector, owning and operating pipelines for crude oil, natural gas liquids, and refined products.

Plains All American Pipeline, L.P. filed a current report to provide unaudited pro forma financial results reflecting the acquisition of EPIC Crude Holdings, LP. The company completed the purchase of a 55% non-operated equity interest in October 2025 and acquired the remaining 45% effective November 1, 2025, resulting in full ownership of the Cactus III Pipeline operator. Pro forma net income attributable to PAA for the year ended December 31, 2025, was $975 million, compared to historical PAA net income of $1,052 million. The pro forma statement includes $47 million in incremental depreciation and $55 million in amortization expense, along with $94 million in interest expense related to $1,901 million in financing. Plains All American Pipeline, L.P. operates in the midstream energy sector, owning and operating pipelines for crude oil and natural gas.

Plains All American Pipeline, L.P. entered into a new $2.7 billion senior unsecured revolving credit facility on June 12, 2026. The agreement, involving Bank of America, N.A. as administrative agent, replaces the company's existing revolving credit agreement and the PMLP Hedged Inventory Facility. The facility includes up to $800 million for letters of credit and $225 million for swing line loans, with an option to increase total capacity to $4.0 billion. The agreement matures on June 12, 2031, and includes a financial covenant limiting consolidated funded indebtedness to adjusted consolidated EBITDA at a ratio of 5.00 to 1.00, increasing to 5.50 to 1.00 during acquisition periods. The company operates in the energy midstream industry, providing transportation and storage services for petroleum products.