ADVFN - Advanced Financial Network.
HOME» NYSE » S » SUG Stock Price » SUG Stock News

Southern Union Share News

 Southern Union Co. (new) Stock Price
SUG Stock Price
 Southern Union Co. (new) Stock Chart
SUG Stock Chart
 Southern Union Co. (new) Stock News
SUG Stock News
 Southern Union Co. (new) Company Information
SUG Company Information
 Southern Union Co. (new) Stock Trades
SUG Stock Trades

Energy Transfer Partners to Issue $2 Billion in US Debt Markets Monday-Source

By Patrick McGee Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Energy Transfer Partners LP (ETP) plans to issue a $2 billion, two-part bond deal in the U.S. credit markets Monday, according to a person familiar with the matter. Energy Transfer Partners is raising money in connection with its 50% acquisition of Citrus Corp., owner of the Florida Gas Transmission pipeline system. The deal is to feature 10- and 30-year senior unsecured notes, which are expected to be rated Baa3 from Moody's Investors Service and BBB-minus from Standard & Poor's and Fitch Ratings. The deal is registered with the Securities and Exchange Commission. The bonds features a special mandatory redemption at 101 cents on the dollar in the event that acquisition isn't consummated on or before April 2012. Lead underwriters are Credit Suisse, J.P. Morgan, UBS Investment Bank and Wells Fargo Securities. Energy Transfer Partners and Energy Transfer Equity LP reported on July 19 that they had signed an amended definitive agreement to acquire an indirect 50% interest in Citrus Corp, for $2 billion. Citrus Corp. is currently jointly owned by Southern Union Company (SUG) and El Paso Corp. (EP). -By Patrick McGee, Dow Jones Newswires; 212-416-2382; patrick.mcgee@dowjones.com

Stock News for Southern Union (SUG)
DateTimeHeadline
02/15/201217:41:12Energy Transfer Partners 4Q Profit Slips 8.9%; ETE Net Up 13%
01/09/201210:52:24Energy Transfer Partners to Issue $2 Billion in US Debt Markets...
12/09/201114:41:41Southern Union Shareholders Approve Energy Transfer Equity Deal
10/28/201118:27:19Williams Takes Another Look At Southern Union Assets - Filing
10/17/201117:54:08Natural Gas Pipelines Deals May Touch Off More M&A Activity
10/12/201118:58:34Energy Transfer Rejects Williams Request For Southern Assets
08/17/201111:04:48Southern Union Spurns Williams Takeover Offer Of $44 A Share
08/16/201117:38:46Williams Affirms $44/Share Offer For Southern Union
08/15/201120:35:49WSJ: Big Investment Funds Mixed On Approach To Bank Investments...
08/15/201118:51:36Harbinger Reports More Energy And Gadgets But No NY Times Stake
08/15/201118:19:04Icahn Reports New Stakes In Vector Group, El Paso - Filing
08/09/201111:14:47Williams CEO: Evaluating All Options In Bid War For Rival Southern...
08/03/201116:58:26Williams Cos 2Q Profit Up 23% On Performance
07/19/201113:32:54Energy Transfer, Southern Union Reach New $5.7 Billion Deal
07/14/201110:01:36Williams CEO: Hope To Make Southern Union Merger Agreement By...
07/14/201108:59:47Williams Cos Raises Bid For Southern Union To About $5.6 Billion
07/14/201108:59:34INSIDE TRACK: Energy Transfer Equity Chairman Buys Up More Units
07/05/201115:17:37MARKET SNAPSHOT: U.S. Stocks Retreat After Best Week In Two Years
07/05/201107:25:14CORRECT: Energy Transfer Revises Deal To Buy Southern Union With...
07/05/201107:07:01Energy Transfer Revises Deal To Buy Southern Union With Sweetened...

Southern Union and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad