Enterprise Products Partners L.P.

SEC Filings

424B3
ENTERPRISE PRODUCTS PARTNERS L P filed this Form 424B3 on 02/01/2018
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Table of Contents

DESCRIPTION OF THE NOTES

We have summarized below certain material terms and provisions of the notes. This summary is not a complete description of all of the terms and provisions of the notes. You should read carefully the section entitled “Description of Debt Securities” in the accompanying prospectus for a description of other material terms of the notes, the Guarantee and the Base Indenture (defined below). For more information, we refer you to the notes, the Base Indenture and the Supplemental Indenture described below, all of which are available from us. We urge you to read the Base Indenture and the Supplemental Indenture because they, and not this description, define your rights as an owner of the notes.

The 20     notes and the 20     notes will each constitute a separate new series of debt securities that will be issued under the Indenture dated as of October 4, 2004, as amended by the Tenth Supplemental Indenture (which we refer to as the “Base Indenture”), as supplemented by the Thirtieth Supplemental Indenture to be dated the date of delivery of the notes (which supplemental indenture we refer to as the “Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), among Enterprise Products Operating LLC (successor to Enterprise Products Operating L.P.), as issuer (which we refer to as the “Issuer”), Enterprise Products Partners L.P., as parent guarantor (which we refer to as the “Parent Guarantor”), any subsidiary guarantors party thereto (which we refer to as the “Subsidiary Guarantors”) and Wells Fargo Bank, National Association, as trustee (which we refer to as the “Trustee”).

References in this section to the “Guarantee” refer to the Parent Guarantor’s Guarantee of payments on the notes.

In addition to these new series of notes, as of September 30, 2017, there were outstanding under the above-referenced Base Indenture:

 

  (i) $350 million in aggregate principal amount of 6.65% Senior Notes H due 2034,

 

  (ii) $250 million in aggregate principal amount of 5.75% Senior Notes J due 2035,

 

  (iii) $700 million in aggregate principal amount of 6.50% Senior Notes N due 2019,

 

  (iv) $500 million in aggregate principal amount of 5.25% Senior Notes Q due 2020,

 

  (v) $600 million in aggregate principal amount of 6.125% Senior Notes R due 2039,

 

  (vi) $349.7 million in aggregate principal amount of 6.65% Senior Notes V due 2018,

 

  (vii) $399.6 million in aggregate principal amount of 7.55% Senior Notes W due 2038,

 

  (viii) $1,000 million in aggregate principal amount of 5.20% Senior Notes Y due 2020,

 

  (ix) $600 million in aggregate principal amount of 6.45% Senior Notes Z due 2040,

 

  (x) $750 million in aggregate principal amount of 5.95% Senior Notes BB due 2041,

 

  (xi) $650 million in aggregate principal amount of 4.05% Senior Notes CC due 2022,

 

  (xii) $600 million in aggregate principal amount of 5.70% Senior Notes DD due 2042,

 

  (xiii) $750 million in aggregate principal amount of 4.85% Senior Notes EE due 2042,

 

  (xiv) $1,100 million in aggregate principal amount of 4.45% Senior Notes GG due 2043,

 

  (xv) $1,250 million in aggregate principal amount of 3.35% Senior Notes HH due 2023,

 

  (xvi) $1,400 million in aggregate principal amount of 4.85% Senior Notes II due 2044,

 

  (xvii) $850 million in aggregate principal amount of 3.90% Senior Notes JJ due 2024,

 

  (xviii) $1,150 million in aggregate principal amount of 5.10% Senior Notes KK due 2045,

 

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