Energy Transfer L.P.'s Proposed Senior Unsecured Notes Due 2028 And 2033 Rated 'BBB-' - S&P Global Ratings’ Credit Research

Energy Transfer L.P.'s Proposed Senior Unsecured Notes Due 2028 And 2033 Rated 'BBB-'

Energy Transfer L.P.'s Proposed Senior Unsecured Notes Due 2028 And 2033 Rated 'BBB-' - S&P Global Ratings’ Credit Research
Energy Transfer L.P.'s Proposed Senior Unsecured Notes Due 2028 And 2033 Rated 'BBB-'
Published Dec 05, 2022
3 pages (1298 words) — Published Dec 05, 2022
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (S&P Global Ratings) Dec. 5, 2022--S&P Global Ratings today assigned its 'BBB-' issue-level rating to Dallas-based Energy Transfer L.P.'s (ET) proposed senior unsecured notes due 2028 and 2033. ET intends to use the net proceeds from this offering to repay outstanding debt and for general partnership purposes. ET is one of the largest midstream energy partnerships in North America. The partnership operates diverse assets that include complementary natural gas midstream, intrastate, and interstate transportation and storage assets; crude oil, natural gas liquids (NGLs), and refined product transportation and terminalling assets; and NGL fractionation assets. ET also owns Lake Charles LNG Co., the general partner and limited partner interests and incentive distribution rights of Sunoco L.P., and the general

  
Brief Excerpt:

...- Criteria | Corporates | Industrials: Key Credit Factors For The Midstream Energy Industry, Nov. 15, 2021 - General Criteria: Environmental, Social, And Governance Principles In Credit Ratings, Oct. 10, 2021 - General Criteria: Hybrid Capital: Methodology And Assumptions, July 1, 2019 - General Criteria: Group Rating Methodology, July 1, 2019 - Criteria | Corporates | General: Corporate Methodology: Ratios And Adjustments, April 1, 2019 - Criteria | Corporates | General: Reflecting Subordination Risk In Corporate Issue Ratings, March 28, 2018 - General Criteria: Methodology For Linking Long-Term And Short-Term Ratings, April 7, 2017 - Criteria | Corporates | General: Methodology And Assumptions: Liquidity Descriptors For Global Corporate Issuers, Dec. 16, 2014 - Criteria | Corporates | General: Methodology: Master Limited Partnerships And General Partnerships, Sept. 22, 2014 - General Criteria: Methodology: Industry Risk, Nov. 19, 2013...

  
Report Type:

Ratings Action

Ticker
ETE
Issuer
Energy Transfer L.P.
GICS
Oil & Gas Storage & Transportation (10102040)
Sector
Global Issuers
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
Buy Now

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Energy Transfer L.P.'s Proposed Senior Unsecured Notes Due 2028 And 2033 Rated 'BBB-'" Dec 05, 2022. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Energy-Transfer-L-P-s-Proposed-Senior-Unsecured-Notes-Due-2028-And-2033-Rated-BBB-2925427>
  
APA:
S&P Global Ratings’ Credit Research. (). Energy Transfer L.P.'s Proposed Senior Unsecured Notes Due 2028 And 2033 Rated 'BBB-' Dec 05, 2022. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Energy-Transfer-L-P-s-Proposed-Senior-Unsecured-Notes-Due-2028-And-2033-Rated-BBB-2925427>
  
US$ 150.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.