Hunton & Williams Advises Initial Purchasers on Colonial Pipeline Company’s $550 Million Offering of Senior Notes

Hunton & Williams LLP advised initial purchasers in connection with Colonial Pipeline Company’s (Colonial) issuance of $550 million in aggregate principal amount of its senior notes in a private placement under Rule 144A and Regulation S of the Securities Act of 1933, as amended, to eligible purchasers.

Colonial is an interstate common carrier that delivers liquid petroleum products, including gasoline, kerosene, home-heating oil and jet fuel, to cities, airports and military installations throughout the Southeast, Mid-Atlantic and Northeast United States. Colonial owns and operates the largest-volume refined liquid petroleum products pipeline in the United States, based on barrel-miles transported. Colonial’s over 5,500-mile pipeline system provides liquid petroleum products from Gulf Coast refineries to approximately 270 marketing terminals located in 13 states near major population centers in the Southeast, Mid-Atlantic and Northeast United States.

The Hunton & Williams team included Pete O’Brien, Adam O’Brian and Paloma Luz. Brian M. Zimmet helped with FERC review and Cary Tolley and Anna Page provided tax advice.