MPLX LP prices $1.5 billion senior notes offering

MPLX LP prices $1.5 billion senior notes offering News provided by MPLX LP Feb 05, 2026, 18:43 ET Share this article Share to X Share this article Share to X FINDLAY, Ohio , Feb. 5, 2026 /PRNewswire/ -- MPLX LP (NYSE: MPLX ) announced today that it has priced $1.5 billion in aggregate principal amount of unsecured senior notes in an underwritten public offering consisting of $1.0 billion aggregate principal amount of 5.300% senior notes due 2036 and $500 million aggregate principal amount of 6.100% senior notes due 2056. MPLX intends to use the net proceeds from this offering to repay MPLX's outstanding $1.5 billion aggregate principal amount of 1.750% senior notes due March 2026 at maturity. The closing of this offering is expected to occur on February 12, 2026, subject to the satisfaction of customary closing conditions. Citigroup Global Markets Inc., Barclays Capital Inc., MUFG Securities Americas Inc. and RBC Capital Markets, LLC are acting as joint book-running managers for this offering. This offering is being made only by means of a prospectus and related prospectus supplement, which may be obtained for free by visiting the Securities and Exchange Commission's website at http://www.sec.gov . Alternatively, copies may be obtained by contacting the following, which are acting as representatives of the underwriters: Citigroup Global Markets Inc. c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, New York 11717 Toll-free: 1-800-831-9146 Email: [email protected] Barclays Capital Inc. c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, New York 11717 Toll-free: 1-888-603-5847 Email: [email protected] MUFG Securities Americas Inc. 1221 Avenue of the Americas, 6th Floor New York, New York 10020 Toll-free: 1-877-649-6848 RBC Capital Markets, LLC Brookfield Place 200 Vesey Street, 8th Floor New York, New York 10281 Toll-free: 1-866-375-6829 This news release shall not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About MPLX LP MPLX is a diversified, large-cap master limited partnership that owns and operates midstream energy infrastructure and logistics assets and provides fuels distribution services. MPLX's assets include a network of crude oil and refined product pipelines; an inland marine business; light-product terminals; storage caverns; refinery tanks, docks, loading racks, and associated piping; and crude and light-product marine terminals. The company also owns crude oil and natural gas gathering systems and pipelines as well as natural gas and NGL processing and fractionation facilities in key U.S. supply basins. Investor Relations Contacts: (419) 421-2071 Kristina Kazarian, Vice President Finance and Investor Relations Brian Worthington, Senior Director, Investor Relations Isaac Feeney, Director, Investor Relations Evan Heminger, Analyst, Investor Relations Media Contact: (419) 421-3577 Jamal Kheiry, Communications Manager SOURCE MPLX LP 21 % more press release views with Request a Demo × Modal title