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Enterprise Products Partners L.P.
EPD today announced that its operating subsidiary, Enterprise Products Operating LLC, has priced a public offering of $750 million of senior unsecured notes due 2016, and $750 million of senior unsecured notes due 2041.
The net proceeds from the offering are expected to be used to repay, at maturity, $450 million in aggregate principal amount of EPO's senior notes due February 2011, to temporarily reduce borrowings outstanding under EPO's multi-year revolving credit facility, and for general company purposes.
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