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News & Insights

Phillips 66 Partners LP’s Common Unit Program

February 26, 2018

Cravath represented the sales agents, led by RBC Capital Markets, in connection with the establishment of an at-the-market program of common units totaling up to $250 million of Phillips 66 Partners LP, a growth-oriented master limited partnership formed by Phillips 66 to own, operate, develop and acquire primarily fee-based crude oil, refined petroleum products and natural gas liquids pipelines and terminals and other transportation and midstream assets. The units will be listed on the New York Stock Exchange. The program was established on February 26, 2018.

The Cravath team included partners Andrew J. Pitts and D. Scott Bennett and associate Rebecca D. Stacker. Diane K. Mokoro also worked on this matter.

Related Practices & Industries

  • Corporate
  • Capital Markets

People

Photo
Name
Andrew J. Pitts
Title
Corporate
Title
Partner
Email
apitts@cravath.com
Phone
+1-212-474-1620
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    Education

    • M.B.A., 1995, Boston University
      with High Honors
    • J.D., 1994, Boston University School of Law
      summa cum laude
    • B.A., 1988, Trinity College

    Admitted In

    • New York
    Photo
    Name
    D. Scott Bennett
    Title
    Corporate
    Title
    Partner
    Email
    sbennett@cravath.com
    Phone
    +1-212-474-1132
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      Education

      • J.D., 2006, Emory University School of Law
      • B.A., 2002, Duke University

      Admitted In

      • New York

      Related News & Insights

      Deals & Cases

      September 26, 2024

      Phillips 66 Company’s $1.8 Billion Registered Senior Notes Offering

      Cravath represented the underwriters in connection with the $1.8 billion registered senior notes offering of Phillips 66 Company, an energy manufacturing and logistics company with midstream, chemicals, refining, marketing and specialties businesses. The transaction closed on September 11, 2024.

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