UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 7, 2006 (February 2, 2006)
ENERGY TRANSFER EQUITY, L.P.
(Exact name of registrant as specified in its charter)
| DELAWARE | 001-32740 | 30-0108820 | ||
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
2828 Woodside Street
Dallas, Texas 75204
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code (214) 981-0700
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| Item 1.01 | Entry into a Material Definitive Agreement. |
General.On February 2, 2006, Energy Transfer Equity, L.P. (the “Partnership”) entered into an underwriting agreement (the “Underwriting Agreement”) with LE GP, LLC, the general partner of the Partnership (the “General Partner”), and the Underwriters named therein providing for the offer and sale in a firm commitment underwritten offering of 21,000,000 common units representing limited partner interests in the Partnership (“Common Units”) at a price of $21.00 per Common Unit ($19.7925 per Common Unit, net of underwriting discount). Pursuant to the Underwriting Agreement, the Partnership granted the Underwriters a 30-day option to purchase up to an additional 3,150,000 Common Units (the “Option”) to cover over-allotments, if any, on the same terms as those Common Units sold by the Partnership. The Underwriters exercised the Option on Friday, February 3, 2006.
In the Underwriting Agreement, the Partnership agreed to indemnify the Underwriters against certain liabilities, including liabilities under the Securities Act, or to contribute to payments the Underwriters may be required to make because of any of those liabilities. A copy of the Underwriting Agreement is filed as Exhibit 1.1 to this Form 8-K and is incorporated herein by reference.
| Item 7.01 | Regulation FD Disclosure. |
On February 2, 2006, the Partnership announced that it had priced its initial public offering of 21,000,000 Common Units. A copy of the press release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference.
In accordance with General Instruction B.2 of Form 8-K, the press release shall not be deemed “filed” for the purposes of Section 18 of the Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information and exhibit be deemed incorporated by reference into any filing under the Securities Act or the Securities Exchange Act of 1934, as amended, except as shall be expressly set forth by specific reference in such a filing.
| Item 9.01 | Financial Statements and Exhibits. |
(c)Exhibits.
| Exhibit Number | Description | |
| Exhibit 1.1 | Underwriting Agreement, dated February 2, 2006 among Energy Transfer Equity, L.P., LE GP, LLC, and UBS Securities LLC, Wachovia Capital Markets, LLC and Credit Suisse Securities (USA) LLC as representatives of the several underwriters named therein. | |
| Exhibit 99.1 | Energy Transfer Equity, L.P. Press Release dated February 2, 2006. | |
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.
| ENERGY TRANSFER EQUITY, L.P. | ||
| By: | LE GP, LLC | |
its general partner | ||
| By: | /s/ JOHN W. MCREYNOLDS | |
Name: | John W. McReynolds | |
Title: | President and Chief Financial Officer | |
February 7, 2006
EXHIBIT INDEX
| Exhibit Number | Description | |
| Exhibit 1.1 | Underwriting Agreement, dated February 2, 2006 among Energy Transfer Equity, L.P., LE GP, LLC, and UBS Securities LLC, Wachovia Capital Markets, LLC and Credit Suisse Securities (USA) LLC as representatives of the several underwriters named therein. | |
| Exhibit 99.1 | Energy Transfer Equity, L.P. Press Release dated February 2, 2006. | |
