Energy Transfer Partners 7.625% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Units
By: Tim McPartland,
Date Issued 7/16/2018
Shares Issued 16,000,000 Overallotment 2,400,000
S&P Rating BB Moodys Rating BA2
Security Ticker Symbol ETP-D OTC Grey Market ETPZF
Market Traded ON NYSE
Dividend Payment Paid on the 15th of February, May, August and November beginning on 11/15/2018
Quarterly Dividend .477 Annual Dividend 1.906
Securities may be redeemed, at the issuers option, as early as 08/15/2023 for a redemption price of $25/share plus accrued dividends
On August 15, 2023 the coupon will float at a rate of 3 month Libor and a spread of 4.738%.
Dividend Payment will be a Non Qualified Distribution
Maturity Date None
Click Here to find the offering Prospectus and Final Pricing Document
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