Energy Transfer LP Announces Cash Distribution on Series I Preferred Units

Source: www.gulfoilandgas.com 4/19/2024, Location: North America

Energy Transfer LP (“ET”) announced the quarterly cash distribution of $0.2111 per Series I Preferred Unit.

The cash distribution for the Series I unitholders will be paid on May 15, 2024 to Series I unitholders of record as of the close of business on May 1, 2024.

In addition, on March 20, 2024, Energy Transfer LP issued a notice to redeem all of its outstanding Series E Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (the “Units”) on May 15, 2024 at a redemption price per Unit of $25.00. Holders of Units as of May 1, 2024, the record date for quarterly distributions on the Units, will separately receive accrued distributions to, but excluding, May 15, 2024, in an amount of $0.4750 per Unit.


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