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Published on 11/14/2013 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

S&P: Energy Transfer notes BB

Standard & Poor's said it assigned a BB rating and 4 recovery rating to Energy Transfer Equity LP's issuance of up to $400 million of senior secured notes due 2024.

The partnership intends to use proceeds to help fund a tender offer of up to $400 million of its 2020 notes.


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