Hunton Andrews Kurth Represents Underwriters in $500 Million Debt Offering by Magellan Midstream Partners, L.P.

Hunton Andrews Kurth LLP recently represented the underwriters in connection with an offering of $500 million aggregate principal amount of 3.950% senior notes due 2050 by Magellan Midstream Partners, L.P. The offering closed on August 19, 2019.

Barclays Capital Inc.; PNC Capital Markets LLC; SunTrust Robinson Humphrey, Inc.; TD Securities (USA) LLC and Wells Fargo Securities, LLC were joint book-running managers for the debt offering, with J.P. Morgan Securities LLC; Mizuho Securities USA LLC; RBC Capital Markets, LLC; SMBC Nikko Securities America, Inc. and U.S. Bancorp Investments, Inc. acting as co-managers.

Corporate partner Jordan Hirsch led the deal team, with assistance from associates Mike Hoffman, Amanda Thienpont, Oliver Fankhauser and Erin Kaufman. Partners Mike O’Leary and Rob Taylor handled opinion matters, partner O’Banion Williams handled real property matters, partner Shemin Proctor handled regulatory matters, partner Lisa Shelton handled environmental matters, and partners Tom Ford and Robert McNamara handled tax matters.