Plains GP Holdings Files 8-K

TL;DR

Plains GP Holdings filed an 8-K on 6/20 for an event on 6/17. Details TBD.

AI Summary

Plains GP Holdings, L.P. filed an 8-K on June 20, 2024, reporting an event that occurred on June 17, 2024. The filing pertains to "Other Events" and "Financial Statements and Exhibits" but does not specify the exact nature of the event or any financial details within the provided text.

Why It Matters

This 8-K filing indicates a material event has occurred for Plains GP Holdings, L.P., requiring public disclosure to investors and the market.

Risk Assessment

Risk Level: low — The filing is a standard disclosure document and does not, in itself, indicate any immediate financial distress or significant negative event.

Key Players & Entities

• PLAINS GP HOLDINGS LP (company) — Registrant
• June 17, 2024 (date) — Earliest event reported date
• June 20, 2024 (date) — Filing date
• 333 Clay Street, Suite 1600, Houston, Texas 77002 (address) — Principal executive offices

FAQ

Key Financial Figures

• $650 million — to the Underwriters (the "Offering") of $650 million aggregate principal amount of 5.700% Se

Filing Documents

• tm2417525d1_8k.htm (8-K) — 27KB
• 0001104659-24-073407.txt ( ) — 196KB
• pagp-20240617.xsd (EX-101.SCH) — 3KB
• pagp-20240617_lab.xml (EX-101.LAB) — 33KB
• pagp-20240617_pre.xml (EX-101.PRE) — 22KB
• tm2417525d1_8k_htm.xml (XML) — 4KB

01 Other Events

Item 8.01 Other Events. On June 17, 2024, the registrant's consolidated subsidiaries, Plains All American Pipeline, L.P. ("PAA") and PAA Finance Corp. ("PAA Finance," and together with PAA, the "Issuers"), entered into an underwriting agreement (the "Underwriting Agreement") with Citigroup Global Markets Inc., MUFG Securities Americas Inc., SMBC Nikko Securities America, Inc. and Truist Securities, Inc. as representatives of the several underwriters named therein (collectively, the "Underwriters"), relating to the issuance and sale to the Underwriters (the "Offering") of $650 million aggregate principal amount of 5.700% Senior Notes due 2034 (the "Notes"), subject to the terms and conditions therein. The Notes are being offered and sold under the Issuers' shelf registration statement on Form S-3 (Registration No. 333-259387) filed with the U.S. Securities and Exchange Commission on September 8, 2021 (the "Registration Statement"), and are described in a Prospectus Supplement dated June 17, 2024 to the Prospectus dated September 8, 2021, which is included in the Registration Statement. The Notes will be issued pursuant to a supplemental indenture to be dated June 27, 2024 by and among the Issuers and U.S. Bank Trust Company National Association, as successor trustee (the "Trustee"). The supplemental indenture will be entered into in accordance with the provisions of the Indenture dated September 25, 2002 by and among the Issuers and the Trustee. The closing of the Offering is expected to occur on June 27, 2024, subject to customary closing conditions. The Underwriting Agreement is filed as Exhibit 1.1 to PAA's Current Report on Form 8-K, filed as of the date hereof and incorporated herein by reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 1.1 Underwriting Agreement dated June 17, 2024 by and among Plains All American Pipeline, L.P., PAA Finance Corp., and Citigroup Global Markets Inc., MUFG Securities Americas Inc., SMBC Nikko Securities America, Inc. and Truist Securities, Inc. as representatives of the several underwriters named therein (incorporated by reference to Exhibit 1.1 of Plains All American Pipeline, L.P.'s Current Report on Form 8-K filed on June 20, 2024). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2

SIGNATURES

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. Date: June 20, 2024 PLAINS GP HOLDINGS, L.P. By: PAA GP Holdings LLC, its general partner By: /s/ Richard McGee Name: Richard McGee Title: Executive Vice President, General Counsel & Secretary 3

View Full Filing

View this 8-K filing on SEC EDGAR