El Paso Pipeline to Issue $425MM of Senior Notes



El Paso Pipeline announced it plans to issue $425 million of senior notes due 2020 pursuant to an effective shelf registration statement on Form S-3 filed with the Securities and Exchange Commission (SEC). The partnership intends to use the net proceeds from the offering as partial consideration for the previously announced acquisition of a 51 percent member interest in each of Southern LNG Company and El Paso Elba Express Company from El Paso Corporation.


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