New Issue: Energy Transfer Equity sells $213.5 million of limited partnership units

By Sheri Kasprzak

New York, Nov. 28 - Energy Transfer Equity, LP completed a $213,500,135 private placement of limited partnership units with a group of institutional investors.

The investors bought 7,789,133 units at $27.41 each, a 6% discount to the company's $29.15 closing stock price on Monday.

Proceeds will be used to repay debt under the company's current credit facility.

Energy Transfer Equity owns and operates Energy Transfer Partners, LP, which owns and operates a portfolio of energy assets, and CCE Holdings, LLC, which operates interstate pipelines.

Issuer:	Energy Transfer Equity, LP
Issue:	Limited partnership units
Amount:	$213,500,135
Units:	7,789,133
Price:	$27.41
Warrants:	No
Settlement date:	Nov. 28
Stock symbol:	NYSE: ETE
Stock price:	$29.15 at close Nov. 27

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