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CM - Plains sells $750MM of 10-year notes to repay upcoming 2021s - June 2020
Plains All American Pipeline LP completed a public offering of $750 million aggregate principal amount of 3.8% senior unsecured notes due 2030 on June 11. The notes were priced at 99.79 for a yield to maturity of 3.825%. Plains said it will use net proceeds from the offering, estimated at $748 million, to repay the $600 million principal amount outstanding of 5% senior notes that come due next February, either on or before their......
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