OREANDA-NEWS. December 11, 2014. Plains All American Pipeline, L.P. (NYSE: PAA) announced that it has commenced a public offering of two series of senior notes (the "Notes").

The Partnership intends to use the net proceeds from this offering to repay outstanding borrowings under its commercial paper program (a portion of which was used to fund the BridgeTex acquisition completed on November 14, 2014) and for general partnership purposes. Amounts repaid under the Partnership's commercial paper program may be reborrowed, as necessary, to fund its ongoing expansion capital program or future acquisitions, or for general partnership purposes.

Barclays Capital Inc.; SunTrust Robinson Humphrey, Inc.; and Wells Fargo Securities, LLC will act as joint book-running managers of the offering.

The Notes will be offered and sold pursuant to an effective shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission and only by means of a prospectus supplement and accompanying base prospectus. When available, copies of the prospectus supplement and accompanying base prospectus relating to the offering may be obtained from the underwriters as follows:
                
Barclays Capital Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Telephone: (888) 603-5847
Email: Barclaysprospectus@broadridge.com

SunTrust Robinson Humphrey, Inc.
3333 Peachtree Road, 11th Floor
Atlanta, GA 30326
Telephone: (800) 685-4786
              
Wells Fargo Securities, LLC
608 2nd Avenue
South Minneapolis, MN 55402
Attention: WFS Customer Service
Telephone: (800) 645-3751
Email: wfscustomerservice@wellsfargo.com