Cases & Deals

MPLX issues $500 million of 4.000% Senior Notes in public offering

Clients MPLX LP

Jones Day represented MPLX LP, as issuer, a fee-based, growth-oriented master limited partnership formed by Marathon Petroleum Corporation to own, operate, develop, and acquire pipelines and other midstream assets related to the transportation and storage of crude oil, refined products, and other hydrocarbon-based products, in connection with a public offering of $500 million aggregate principal amount of 4.000% Senior Notes due 2025. Barclays, BNP Paribas, Goldman Sachs & Co., Fifth Third Securities, PNC Capital Markets LLC, Scotiabank, and US Bancorp acted as joint book-running managers for the offering.

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