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Enable Midstream Partners, LP Announces Pricing of Senior Notes


Enable Midstream Partners, LP (NYSE: ENBL) announced today that it has priced an offering of $700 million in aggregate principal amount of 4.400% senior notes due 2027 at a price to the public of 99.615% of their face value. Enable Midstream Partners, LP (the “Partnership”) expects the offering to close on March 9, 2017, subject to customary closing conditions.

The Partnership intends to use the net proceeds from the offering for general partnership purposes, including to repay amounts outstanding under its revolving credit facility.

Citigroup, MUFG and RBC Capital Markets are acting as joint book-running managers for the offering. Copies of the preliminary prospectus supplement, prospectus supplement and accompanying base prospectus relating to the offering may be obtained, free of charge, on the Securities and Exchange Commission’s website at or from the underwriters of the offering as follows:

Citigroup Global Markets Inc. MUFG Securities Americas Inc. RBC Capital Markets, LLC
c/o Broadridge Financial

1221 Avenue of the Americas,

Three World Financial


6th Floor


1155 Long Island Avenue New York, NY 10020

200 Vesey Street, 8th Floor

Edgewood, NY 11717 Attn: Capital Markets Group

New York, NY 10281-8098

Telephone: (800) 831-9146 (877) 649-6848

(866) 375-6829


This news release does not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering is being made only by means of a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended.


Enable Midstream Partners is a publicly traded master limited partnership. The Partnership owns, operates and develops strategically located natural gas and crude oil infrastructure assets. The Partnership’s assets include approximately 12,900 miles of gathering pipelines, 14 major processing plants with approximately 2.5 billion cubic feet per day of processing capacity, approximately 7,800 miles of interstate pipelines (including Southeast Supply Header, LLC of which the Partnership owns 50%), approximately 2,200 miles of intrastate pipelines and eight storage facilities comprising 85.0 billion cubic feet of storage capacity.


This press release may contain “forward-looking statements” within the meaning of the securities laws. All statements, other than statements of historical fact, regarding the Partnership’s strategy, future operations, financial position, estimated revenues, projected costs, prospects, plans and objectives of management, including the closing of this offering and the use of proceeds therefrom, are forward-looking statements. These statements often include the words “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “forecast” and similar expressions and are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on the Partnership’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The Partnership assumes no obligation to and does not intend to update any forward-looking statements included herein. When considering forward-looking statements, you should keep in mind the risk factors and other cautionary statements described under the heading “Risk Factors” included in our SEC filings. The Partnership cautions you that these forward-looking statements are subject to all of the risks and uncertainties, most of which are difficult to predict and many of which are beyond its control, incident to the ownership, operation and development of natural gas and crude oil infrastructure assets. These risks include, but are not limited to, contract renewal risk, commodity price risk, environmental risks, operating risks, regulatory changes and the other risks described under “Risk Factors” in our SEC filings. Should one or more of these risks or uncertainties occur, or should underlying assumptions prove incorrect, the Partnership’s actual results and plans could differ materially from those expressed in any forward-looking statements.

Enable Midstream Partners, LP
David Klaassen, 405-553-6431
Matt Beasley, 405-558-4600

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