Vinson & Elkins Advises Plains All American Pipeline in $1.25 Billion Senior Notes Offering – ExecEdge
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Vinson & Elkins Advises Plains All American Pipeline in $1.25 Billion Senior Notes Offering
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Vinson & Elkins Advises Plains All American Pipeline in $1.25 Billion Senior Notes Offering

By Karen Roman

Vinson & Elkins said it advised Plains All American Pipeline, L.P. (Nasdaq: PAA) in the pricing of an underwritten public offering of $1.25 billion aggregate principal amount of debt securities.

The co-issuer is PAA Finance Corp., a wholly owned subsidiary of PAA, which aims to use part of the proceeds for the acquisition of a 55% non-operated interest in EPIC Crude Holdings, it stated.

The Vinson & Elkins team was led by partners David Oelman, Scott Rubinsky and David Stone, and senior associate Nate Richards, with assistance from associates Rachel Campbell Alexander and Chandni Jaggi. Also advising were partners Wendy Salinas, Ryan Carney, and associate Jeff Slusher (Tax).

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