Enterprise Announces Extension of Exchange Offer.Business Editors HOUSTON--(BUSINESS WIRE)--July 24, 2003 Enterprise Products Partners L.P. (NYSE NYSE See: New York Stock Exchange :EPD EPD expected progeny difference. ) today announced that its operating subsidiary An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. , Enterprise Products Operating L.P., has extended to 5:00 p.m., Eastern Time, on July 30, 2003, its offer to exchange its 6.875% Series B Senior Notes due 2033 that have been registered under the Securities Act of 1933 for any and all of its outstanding 6.875% Series A Senior Notes due 2033 that were issued on February 14, 2003 in a private offering. The exchange offer had been scheduled to expire at 5:00 p.m., Eastern Time, on July 23, 2003. As of 5:00 p.m., Eastern Time, on July 23, 2003, notes in the approximate aggregate principal amount of $499.9 million (out of $500 million outstanding) had been tendered in the exchange offer. This press release shall not constitute an offer to purchase or exchange nor the solicitation of an offer to exchange any securities. The exchange offer is being made solely by a prospectus dated June 16, 2003 of Enterprise Products Operating L.P., including any supplements thereto, and is subject to certain conditions specified therein. For more information, contact the Exchange Agent, Wachovia Bank, National Association, Corporate Trust Operations--NC1153, 1525 West W. T. Harris Blvd. 3C3, Charlotte, North Carolina “Charlotte” redirects here. For other uses, see Charlotte (disambiguation). Charlotte is the largest city in the state of North Carolina and the 20th largest city in the United States. 28288, Attention: Marsha Rice (Facsimile: 704-590-7628; Telephone: 704-590-7413). Holders of notes who do not tender before 5:00 p.m., Eastern Time, on July 30, 2003, will continue to hold unregistered securities and will have no right to compel the registration of their notes under the Securities Act of 1933. Enterprise Products Partners L.P. is the second largest publicly traded midstream energy partnership with an enterprise value of approximately $6.5 billion. Enterprise is a leading North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. provider of midstream energy services to producers and consumers of natural gas and natural gas liquids ("NGLs"). The Company's services include natural gas transportation, processing and storage and NGL NGL - A dialect of IGL. fractionation fractionation /frac·tion·a·tion/ (frak?shun-a´shun) 1. in radiology, division of the total dose of radiation into small doses administered at intervals. 2. (or separation), transportation, storage and import/export terminaling. |
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