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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 5, 2009
ENTERPRISE PRODUCTS PARTNERS L.P.
(Exact name of registrant as specified in its charter)
         
Delaware   1-14323   76-0568219
(State or other jurisdiction of
incorporation )
  (Commission
File Number)
  (IRS Employer
Identification No.)
     
1100 Louisiana St, 10th Floor, Houston, Texas   77002
(Address of principal executive offices)   (Zip Code)
Registrant’s telephone number, including area code: (713) 381-6500
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


TABLE OF CONTENTS

Item 1.01 Entry into a Material Definitive Agreement
Item 8.01 Other Events
Item 9.01 Financial Statements and Exhibits
SIGNATURES
EXHIBIT INDEX
EX-4.3
EX-5.1
EX-8.1


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Item 1.01 Entry into a Material Definitive Agreement.
     On October 5, 2009, Enterprise Products Partners L.P. (the “Partnership”), Enterprise Products OLPGP, Inc. (“OLPGP”) and Enterprise Products Operating LLC (“EPO”) completed the public offering of $500,000,000 principal amount of EPO’s 5.25% Senior Notes due 2020 (the “2020 Notes”) and $600,000,000 principal amount of EPO’s 6.125% Senior Notes due 2039 (the “2039 Notes,” and together with the 2020 Notes, the “Notes”). Pursuant to the indentures described below, the Notes are guaranteed on an unsecured and unsubordinated basis by the Partnership (the “Guarantee,” and together with the Notes, the “Securities”).
     The Securities were issued under the Indenture, dated as of October 4, 2004 (the “Indenture”), among EPO (as successor to Enterprise Products Operating L.P.), as issuer, the Partnership, as guarantor, and Wells Fargo Bank, N.A., as trustee, (collectively, as amended and supplemented by the Tenth Supplemental Indenture, dated as of June 30, 2007, providing for EPO as successor issuer, the “Base Indenture”) as amended and supplemented by the Sixteenth Supplemental Indenture dated as of October 5, 2009 (the “Supplemental Indenture,” and together with the Base Indenture, the “Indenture”).
     The Notes provide that interest will accrue from October 5, 2009 at a rate of 5.25% per annum for the 2020 Notes and 6.125% for the 2039 Notes. Interest will be payable on January 31 and July 31 of each year, commencing January 31, 2010 for the 2020 Notes, and on April 15 and October 15 of each year, commencing April 15, 2010 for the 2039 Notes. The 2020 Notes mature on January 31, 2020, and the 2039 Notes mature on October 15, 2039. The Notes also provide that EPO may redeem some or all of the Notes at any time at the applicable redemption price that includes accrued and unpaid interest and a make-whole premium.
     The terms of the Securities and the Supplemental Indenture are further described in the Prospectus dated September 24, 2009 under the captions “Description of the Notes” and “Description of Debt Securities,” which descriptions are incorporated herein by reference to Exhibit 99.2 to the Partnership’s Current Report on Form 8-K filed with the Securities and Exchange Commission on September 30, 2009. Such descriptions do not purport to be complete and are qualified by reference to the Base Indenture and to the Supplemental Indenture, which is filed as Exhibit 4.3 hereto and incorporated herein by reference.
Item 8.01 Other Events.
     Certain legal opinions related to the Registration Statement are filed herewith as Exhibits 5.1 and 8.1.
Item 9.01 Financial Statements and Exhibits.
  (d)   Exhibits.
     
Exhibit No.   Description
 
   
4.1
  Indenture, dated as of October 4, 2004, among Enterprise Products Operating L.P., as Issuer, Enterprise Products Partners L.P., as Guarantor, and Wells Fargo Bank, National Association, as Trustee (incorporated by reference to Exhibit 4.1 to Form 8-K filed October 6, 2004).
 
   
4.2
  Tenth Supplemental Indenture, dated as of June 30, 2007, by and among Enterprise Products Operating LLC, as issuer, Enterprise Products Partners L.P., as parent guarantor, and Wells Fargo Bank, National Association, as Trustee (incorporated by reference to Exhibit 4.54 to Form 10-Q filed August 8, 2007).
 
   
4.3
  Sixteenth Supplemental Indenture, dated as of October 5, 2009, among Enterprise Products Operating LLC, as Issuer, Enterprise Products Partners L.P., as Guarantor, and Wells Fargo Bank, National Association, as Trustee.
 
   
4.4
  Forms of Notes (included in Exhibit 4.3 above).
 
   
5.1
  Opinion of Andrews Kurth LLP.
 
   
8.1
  Opinion of Andrews Kurth LLP relating to tax matters.

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Exhibit No.   Description
 
23.1
  Consents of Andrews Kurth LLP (included in Exhibits 5.1 and 8.1).

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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
    ENTERPRISE PRODUCTS PARTNERS L.P.
 
       
 
  By:   Enterprise Products GP, LLC,
its general partner
         
     
Date: October 5, 2009       By:   /s/ Michael J. Knesek    
    Michael J. Knesek   
    Senior Vice President, Controller and Principal
Accounting Officer of Enterprise Products GP, LLC
 
 
 

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EXHIBIT INDEX
     
Exhibit No.   Description
 
   
4.1
  Indenture, dated as of October 4, 2004, among Enterprise Products Operating L.P., as Issuer, Enterprise Products Partners L.P., as Guarantor, and Wells Fargo Bank, National Association, as Trustee (incorporated by reference to Exhibit 4.1 to Form 8-K filed October 6, 2004).
 
   
4.2
  Tenth Supplemental Indenture, dated as of June 30, 2007, by and among Enterprise Products Operating LLC, as issuer, Enterprise Products Partners L.P., as parent guarantor, and Wells Fargo Bank, National Association, as Trustee (incorporated by reference to Exhibit 4.54 to Form 10-Q filed August 8, 2007).
 
   
4.3
  Sixteenth Supplemental Indenture, dated as of October 5, 2009, among Enterprise Products Operating LLC, as Issuer, Enterprise Products Partners L.P., as Guarantor, and Wells Fargo Bank, National Association, as Trustee.
 
   
4.4
  Forms of Notes (included in Exhibit 4.3 above).
 
   
5.1
  Opinion of Andrews Kurth LLP.
 
   
8.1
  Opinion of Andrews Kurth LLP relating to tax matters.
 
   
23.1
  Consents of Andrews Kurth LLP (included in Exhibits 5.1 and 8.1).