Energy Transfer Partners Announces Common Unit Offering

Energy Transfer Partners, L.P. (NYSE: ETP) today announced it has commenced a public offering of 13,500,000 common units representing limited partner interests, with a 30-day option for the underwriters to purchase up to an additional 2,025,000 common units. Net proceeds from the offering will be used by ETP to repay amounts outstanding under its amended and restated revolving credit facility, to fund capital expenditures related to pipeline construction projects and for general partnership purposes.

BofA Merrill Lynch, Barclays, Morgan Stanley, UBS Investment Bank, Citigroup, Goldman, Sachs & Co., J.P. Morgan, and Wells Fargo Securities are acting as joint book-running managers. Raymond James and RBC Capital Markets are acting as senior co-managers. A copy of the preliminary prospectus supplement and prospectus relating to the offering may be obtained from the following addresses:

BofA Merrill LynchAttn: Prospectus Department222 Broadway, 7th FloorNew York, NY 10038Email: dg.prospectus_requests@baml.com
 

CitigroupAttn: Prospectus DepartmentBrooklyn Army Terminal140 58 th Street, 8 th FloorBrooklyn, NY 11220Email: BATProspectusdept@citi.comTelephone: 877-858-5407
 

Barclays

c/o Broadridge Financial Solutions1155 Long Island AvenueEdgewood, NY 11717Email: Barclaysprospectus@broadridge.comTelephone: 888-603-5847

Goldman, Sachs & Co.

Attn: Prospectus Department

200 West Street

New York, NY 10282

Email: prospectus-ny@ny.email.gs.com

Telephone: 866-471-2526
 

Morgan Stanley

Attn: Prospectus Dept.180 Varick Street, 2nd FloorNew York, NY 10014Email: prospectus@morganstanley.comTelephone: 866-718-1649
J.P. Morganc/o Broadridge Financial Solutions1155 Long Island AvenueEdgewood, NY 11717Telephone: 866-802-9204
 
UBS Investment Bank

Attn: Prospectus Dept.

299 Park Avenue

New York, NY 10171

Telephone: 888-827-7275

Wells Fargo SecuritiesAttn: Equity Syndicate Dept.375 Park AvenueNew York, NY 10152Email: cmclientsupport@wellsfargo.comTelephone: 800-326-5897
 

You may also obtain these documents for free when they are available by visiting EDGAR on the SEC web site at www.sec.gov.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities 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 may be made only by means of a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended. The offering will be made pursuant to an effective shelf registration statement and prospectus filed by ETP with the SEC.

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