Plains All American Announces Pricing of Public Offering of $650 Million of Senior Notes
HOUSTON, June 17, 2024 (GLOBE NEWSWIRE) — Plains All American Pipeline, L.P. (NYSE:PAA) today announced that it and PAA Finance Corp., a wholly-owned subsidiary of PAA, as co-issuer, have priced an underwritten public offering (the “Offering”) of $650 million aggregate principal amount of 5.700% senior unsecured notes (the “Notes”) due 2034 at a price to the public of 99.953% of their face value. The Offering is expected to close on June 27, 2024, subject to the satisfaction of customary closing conditions.