ITEM 7.01 Regulation FD Disclosure.
In accordance with General Instruction B.2. of Form 8-K, the following
information shall not be deemed "filed" for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated
by reference in any filing under the Securities Act of 1933, as amended, except
as shall be expressly set forth by specific reference in such a filing.
On July 20, 2009, Plains All American Pipeline, L.P. (the "Partnership")
announced that it has commenced a public offering of senior notes. The
Partnership intends to use the net proceeds from the offering to supplement the
capital available under its existing hedged inventory facility to fund working
capital needs associated with base levels of routine foreign crude oil import
and for seasonal LPG inventory requirements. The hedged inventory facility
matures in November 2009 and is generally renewed annually. Excess net proceeds,
if any, will be used for general partnership purposes, including reductions in
outstanding borrowings under its credit facilities. The press release announcing
the offering and the preliminary prospectus relating to the offering are
furnished as exhibits.
ITEM 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
Number Description
99.1 Press Release dated July 20, 2009
99.2 Preliminary prospectus dated July 20, 2009
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