Energy Transfer Partners 7.375% Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred

By: ,

Date Issued   4/18/2018

Shares Issued   18,000,000   Overallotment  2,700,000

S&P Rating   NR   Moodys Rating   NR


Security Ticker Symbol   ETPC   OTC Grey Market   ETPPP

Market Traded ON   NYSE

Dividend Payment Paid on the 15th of February, May, August and November beginning on 8/15/2018

Quarterly Dividend   .461   Annual Dividend   1.844

Securities may be redeemed, at the issuers option, as early as 05/15/2023 for a redemption price of $25/share plus accrued dividends


On May 15, 2023 the coupon will float at a rate of 3 month Libor and a spread of 4.53%.

Dividend Payment Will Likely be a Non Qualified Distribution

Maturity Date   None


Company Investor Relations Page for Energy Transfer Partners

Click Here to find the offering Prospectus and Final Pricing Document

Are YOU Ready for the Biden Disaster Plan?
"...It's worse than you think."
—Dr. Mark Skousen
Search Dividend Investor