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Zacks.com users have recently been watching MPLX LP (MPLX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
MPLX LP (NYSE: MPLX) announced today that it has priced $1.65 billion in aggregate principal amount of 5.50% senior notes due 2034 (the "2034 senior notes") in an underwritten public offering. The 2034 senior notes were offered at a price to the public of 98.778% of par.