Hunton Andrews Kurth Represents the Underwriters in Energy Transfer LP's Offering of $900 Million Preferred Units

Hunton Andrews Kurth LLP recently represented the underwriters in connection with Energy Transfer LP's offering of $900 million of 6.500% Series H Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Units. J.P. Morgan Securities LLC, Mizuho Securities USA LLC, PNC Capital Markets LLC and Truist Securities, Inc. acted as representatives of the underwriters for the preferred units offering. The preferred units offering is expected to close on or about June 15, 2021.

The Hunton Andrews Kurth team was led by Houston partner Jordan Hirsch, and included associates Mike Hoffman, Erin Juvenal, Casey Shaw, Hannah Bradley and Kelli Regan on corporate matters, partner Lisa Shelton on environmental matters, partner Harve Truskett on real estate matters, partner Shemin Proctor on regulatory matters, partner Robert McNamara and associate Tim Strother on tax matters, and partners Mike O’Leary and Rob Taylor on opinion matters.

Energy Transfer LP owns and operates one of the largest and most diversified portfolios of energy assets in the United States. The company is strategically positioned in all of the major U.S. production basins, its core operations include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (NGL) and refined product transportation and terminalling assets; NGL fractionation; and various acquisition and marketing assets. Energy Transfer LP also owns Lake Charles LNG Company, as well as limited partner interests and the general partner interests of publicly-traded master limited partnerships Sunoco LP (NYSE: SUN) and USA Compression Partners, LP (NYSE: USAC).