8-KRegulation FDExhibits & Filings

Energy Transfer LP 8-K Report, Regulation FD Disclosure (Feb 9, 2012)

Filed February 9, 2012For Securities:ETET-PI

Summary

Energy Transfer Equity, L.P. (ET) filed a Form 8-K on February 8, 2012, to announce the commencement of a consent solicitation. This solicitation seeks consent from holders of its 7.500% Senior Notes due 2020 to make proposed amendments to the governing indenture. This filing is not a solicitation itself but rather an announcement of the solicitation process, which is governed by a separate Consent Solicitation Statement and related Consent Form. The company is seeking consent for amendments to the terms of its existing debt agreements. While the specific nature of the amendments is not detailed in this 8-K, the process described indicates that ET is actively managing its debt obligations and seeking to alter covenants or terms associated with its 2020 Senior Notes. Investors holding these notes would have been subject to a record date of February 7, 2012, to determine eligibility for the consent solicitation.

Key Highlights

  • 1Energy Transfer Equity (ET) commenced a solicitation of consents from holders of its 7.500% Senior Notes due 2020.
  • 2The purpose of the solicitation is to obtain consent for proposed amendments to the indenture governing these notes.
  • 3The filing was made on February 8, 2012, with the event date being February 7, 2012 (record date).
  • 4This Form 8-K serves as a notification and is not the solicitation document itself.
  • 5The solicitation is made in accordance with the terms detailed in a separate Consent Solicitation Statement and Consent Form.
  • 6Information furnished in this report and Exhibit 99.1 is deemed 'furnished' and not 'filed' under SEC regulations.

Frequently Asked Questions

The main purpose of this Form 8-K is to publicly announce that Energy Transfer Equity, L.P. has begun soliciting consents from holders of its 7.500% Senior Notes due 2020 to amend the terms of the indenture governing those notes.

This Form 8-K does not detail the specific amendments being proposed. Investors would need to refer to the separate Consent Solicitation Statement, dated February 8, 2012, for the exact details of the proposed changes to the indenture.

Holders of Energy Transfer Equity's 7.500% Senior Notes due 2020 who were holders of record as of 5:00 p.m. New York City time on February 7, 2012, are eligible to participate in the consent solicitation.

No, this Form 8-K is an announcement of the consent solicitation. The actual solicitation of consents is being conducted separately through a Consent Solicitation Statement and a related Consent Form, which are not part of this filing but are referenced.