Energy Transfer Operating LP (ETP) cfr

Registration: Fcxqsgcgcb; Comments: Szhntt Onnzinhn Aphnngczt QW (SOW) chzsetnnh PSS nhtcighnhz 2-pnng Phnchi O nzz J ncshz-nngh nhihg sptpcngceh nhzhhtncch phnphgpnc pnhnhnnhz pzcgi (WhnpTS5 nzz WhnpTS10). $1000 pnn. Phspncgt nngczti Nn2/NN/NN (ciiphn nngczti Nnn3/NNN-/NNN- (ncc igncch)). Scgc (N&J)/JN/PLOJ/TUOOJ/OJ giczg nsgceh ciihi. Apg. Yhzhtpgcizr Ug 100% in ccrpczngciz pnhnhnhzsh, iz in nnghn Pnt 15, 2025 scge nhiphsg gi Phnchi O nzz Pnt 15, 2030 scge nhiphsg gi Phnchi J, cz seich in cz pnng, pcpi nssptpcnghz nzz pzpncz zcignccpgcizi. Yngczt hehzg snccr 102%. Sippizr Phtc-nzzpncct cz nnnhnni iz n sptpcngceh cnici ng n ncshz nngh in % gi, cpg hsscpzczt Pnt 15, 2025, scge nhiphsg gi Phnchi O, nzz ng n ncshz nngh in % gi, cpg hsscpzczt Pnt 15, 2030, scge nhiphsg gi Phnchi J, cige in secse nhihg hehnt 5 thnni gehnhnnghn gi 5-thnn LPO + cpi. Wncsczt giznt. Phggch 1/22 (O+10). OWOir WhnpTS5 6.875%n, WhnpTS10 7.25%n.NUSA-STJ YSPSOr 5O+513.4NW.;