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MI - MPLX issues $2B in notes as it swallows Andeavor debt - September 2019



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MPLX LP closed $2 billion in unsecured senior notes Sept. 9 in an underwritten public offering consisting of $1 billion of floating rate senior notes due 2021 and $1 billion of floating rate senior notes due 2022. The master limited partnership of Marathon Petroleum Corp. intends to issue more notes as it refinances all $3.75 billion outstanding senior notes of Andeavor Logistics, which it acquired in a deal that closed July 30. The MLP......
 
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