Enterprise Products Partners L.P. (NYSE:EPD) today announced the commencement of a public offering of 7,500,000 common units representing limited partner interests in the partnership. Enterprise also intends to grant the underwriters a 30-day option to purchase up to 1,125,000 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, 364-day credit agreement or commercial paper program, working capital, capital expenditures (including a portion of growth capital expenditures for the remainder of 2013 and 2014) and acquisitions.
Barclays, BofA Merrill Lynch, J.P. Morgan, Morgan Stanley, UBS Investment Bank, Wells Fargo Securities, Citigroup, Credit Suisse, Deutsche Bank Securities, Raymond James and RBC Capital Markets 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:
Barclaysc/o Broadridge Financial Solutions1155 Long Island AvenueEdgewood, NY 11717Toll-free number: (888) 603-5847 Barclaysprospectus@broadridge.com
BofA Merrill LynchAttn: Prospectus Department222 BroadwayNew York, NY 10038Email: firstname.lastname@example.orgJ.P. Morganc/o Broadridge Financial Solutions1155 Long Island AvenueEdgewood, New York 11717Toll-free number: (866) 803-9204 Morgan StanleyAttn: Prospectus Dept.180 Varick Street, 2 nd floor,New York, NY, 10014Toll-free number: (866) 718-1649 email@example.com UBS Investment BankAttn: Prospectus Dept.299 Park AvenueNew York, NY 10171Toll-Free number: (888) 827-7275 Wells Fargo SecuritiesAttention: Equity Syndicate Dept.375 Park Ave.New York, NY, 10152Toll-free number: (800) 326-5897Email: firstname.lastname@example.org Citigroupc/o Broadridge Financial Solutions1155 Long Island AvenueEdgewood, NY, 11717Toll-free number: (800) 831-9146 email@example.com Credit Suissec/o Prospectus DepartmentOne Madison Avenue, Level B1New York, NY 10010 Newyork.firstname.lastname@example.orgToll-Free: (800) 221-1037 Deutsche Bank SecuritiesAttention: Prospectus Group60 Wall StreetNew York, NY 10005-2836Telephone: (800) 503-4611Email: prospectus.CPDG@db.com Raymond JamesAttention: Raymond James & AssociatesAttn: Equity Syndicate880 Carillon ParkwaySt. Petersburg, FL 33716Telephone: (800) 248-8863
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