MPLX LP prices $2.0 billion senior notes offering

Core Points - MPLX LP has priced $2.0 billion in unsecured senior notes, consisting of$1.0 billion of 5.400% senior notes due 2035 and $1.0 billion of 5.950% senior notes due 2055 [1] - The net proceeds will be used to repay outstanding senior notes and for general partnership purposes [2] - The offering is expected to close on March 10, 2025, subject to customary conditions [3] Company Overview - MPLX LP is a diversified, large-cap master limited partnership that operates midstream energy infrastructure and logistics assets, providing fuels distribution services [5] - The company's assets include a network of crude oil and refined product pipelines, storage facilities, and processing plants in key U.S. supply basins [5]