Regency Energy selling $600 million eight-year bullet notes Tuesday

By Paul A. Harris

Portland, Ore., Feb. 4 - Regency Energy Finance Corp., a wholly owned subsidiary of Regency Energy Partners LP, plans to price a $600 million offering of non-callable eight-year senior notes (existing ratings B1/BB/BB) Tuesday, according to a market source.

BofA Merrill Lynch, Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, Natixis Securities North America Inc., RBC Capital Markets, RBS Securities Inc., SunTrust Robinson Humphrey Inc., Wells Fargo Securities LLC, PNC Capital Markets LLC, Scotia Capital and UBS Investment Bank are the joint bookrunners for the public offering.

The Dallas-based oil and gas master limited partnership plans to use the proceeds to repay debt outstanding under its revolver and for general partnership purposes.

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