Enterprise Products Partners L.P.

SEC Filings

424B5
ENTERPRISE PRODUCTS PARTNERS L P filed this Form 424B5 on 02/02/2018
Entire Document
 


Table of Contents

UNDERWRITING

Subject to the terms and conditions set forth in an underwriting agreement, dated the date of this prospectus supplement, between us and the underwriters named below, we have agreed to sell to each of the underwriters, and the underwriters have agreed, severally and not jointly, to purchase, the principal amount of the notes set forth opposite their respective names below:

 

Underwriters

   Principal Amount of
2021 Notes
     Principal Amount of
2048 Notes
 

J.P. Morgan Securities LLC

   $ 56,250,000      $ 93,750,000  

Merrill Lynch, Pierce, Fenner & Smith
                 Incorporated

     56,250,000        93,750,000  

Deutsche Bank Securities Inc

     56,250,000        93,750,000  

Scotia Capital (USA) Inc

     56,250,000        93,750,000  

DNB Markets, Inc

     56,250,000        93,750,000  

Morgan Stanley & Co. LLC

     56,250,000        93,750,000  

SG Americas Securities, LLC

     56,250,000        93,750,000  

TD Securities (USA) LLC

     56,250,000        93,750,000  

BBVA Securities Inc.

     45,000,000        75,000,000  

Barclays Capital Inc.

     25,500,000        42,500,000  

Citigroup Global Markets Inc.

     25,500,000        42,500,000  

Credit Suisse Securities (USA) LLC

     25,500,000        42,500,000  

Mizuho Securities USA LLC

     25,500,000        42,500,000  

MUFG Securities Americas Inc.

     25,500,000        42,500,000  

RBC Capital Markets, LLC

     25,500,000        42,500,000  

SMBC Nikko Securities America, Inc.

     25,500,000        42,500,000  

SunTrust Robinson Humphrey, Inc.

     25,500,000        42,500,000  

U.S. Bancorp Investments, Inc.

     25,500,000        42,500,000  

Wells Fargo Securities, LLC

     25,500,000        42,500,000  
  

 

 

    

 

 

 

Total

   $ 750,000,000      $ 1,250,000,000  
  

 

 

    

 

 

 

The underwriting agreement provides that the obligations of the underwriters to purchase the notes included in this offering are subject to approval of legal matters by counsel and to other conditions. Under the terms of the underwriting agreement, the underwriters are committed to purchase all of the notes if any are purchased.

The underwriters propose initially to offer the notes to the public at the public offering prices set forth on the cover page of this prospectus supplement and may offer the notes to certain dealers at such prices less a concession not in excess of 0.200% of the principal amount of the 2021 notes and 0.500% of the principal amount of the 2048 notes. The underwriters may allow a discount not in excess of 0.150% of the principal amount of the 2021 notes and 0.250% of the principal amount of the 2048 notes on sales to certain other brokers and dealers. After this initial public offering, the public offering prices, concessions and discounts may be changed.

The following table summarizes the compensation to be paid by us to the underwriters.

 

     2021 Notes      2048 Notes  
     Per note     Total      Per note     Total  

Underwriting discount

     0.350   $ 2,625,000        0.875   $ 10,937,500  

We estimate that our share of the total expenses of the offering, excluding the underwriting discount, will be approximately $3,005,000.

 

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