Powered by

Plains All American Completes Deleveraging Plan, Updates Financial Policy, Increases Distributions, and Announces Series A & B Distributions

Apr 04, 2019 - Business Wire

Plains All American Pipeline, L.P. (NYSE: PAA ) and Plains GP Holdings (NYSE: PAGP ) today announced achievement of Plains' August 2017 deleveraging plan, updates to its financial policy, an increase to its common unit and Class A share distributions, and declaration of Series A & B Preferred Units distributions.

Key elements of today's announcement include:

Successful achievement of Plains' August 2017 deleveraging plan and associated financial policy review;Further improving PAA's ...