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Enterprise Products Partners L.P. Prices Public Unit Offering

Enterprise Products Partners L.P. (NYSE:EPD) today announced that it has priced a public offering of 8,000,000 common units representing limited partner interests in the partnership at a public offering price of $54.56 per common unit. Enterprise has also granted the underwriters a 30-day option to purchase up to 1,200,000 additional common units to cover over-allotments, if any. Enterprise will use the net proceeds from this offering, including any exercise of the over-allotment option by the underwriters, for general partnership purposes, which may include repayment of debt, including the repayment of amounts outstanding under its multi-year revolving credit facility or commercial paper program, working capital, capital expenditures and acquisitions.

Barclays, BofA Merrill Lynch, Citigroup, J.P. Morgan, Morgan Stanley, UBS Investment Bank and Wells Fargo Securities are joint book-running managers for the offering. An investor may obtain a free copy of the prospectus as supplemented by visiting EDGAR on the SEC website at www.sec.gov. A copy of the preliminary prospectus supplement and related base prospectus may also be obtained from the underwriters as follows:
Barclays
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Toll-free number: (888) 603-5847

Barclaysprospectus@broadridge.com
 
BofA Merrill Lynch
Attn: Prospectus Department
222 Broadway
New York, NY 10038

Email: dg.prospectus_requests@baml.com
 
Citigroup
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Toll-free number: (800) 831-9146

batprospectusdept@citi.com
 
J.P. Morgan
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, New York 11717
Toll-free number: (866) 803-9204
 
Morgan Stanley
Attn: Prospectus Dept.
180 Varick Street, 2 nd floor
New York, NY 10014
Toll-free number: (866) 718-1649

prospectus@morganstanley.com
 
UBS Investment Bank
Attn: Prospectus Dept.
299 Park Avenue
New York, NY 10171
Toll-Free number: (888) 827-7275
 
Wells Fargo Securities
Attention: Equity Syndicate Dept.
375 Park Ave.
New York, NY 10152
Toll-free number: (800) 326-5897

Email: cmclientsupport@wellsfargo.com

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the common units described herein, nor shall there be any sale of these common units in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The offering is being made only by means of a prospectus and related prospectus supplement, which are part of an effective registration statement.

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