El Paso Pipeline Prices $110MM Debt Offering
El Paso Pipeline Partners, L.P.
| Monday, June 21, 2010 | 10:48 AM EST
El Paso Pipeline Partners, a wholly owned operating subsidiary of El Paso Pipeline Partners, has priced $110 million of its 6.50 percent senior notes due April 1, 2020, which notes are additional notes of the series originally issued by El Paso Pipeline Partners Operating on March 30, 2010. Net proceeds from the offering will be used as partial consideration for the pending acquisition of an additional 16 percent general partner interest in Southern Natural Gas Company from El Paso Corporation.
RBS Securities Inc. is acting as the sole book-running manager of the offering.
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