ETO PREFERRED UNITS
Energy Transfer Operating, L.P. (formerly Energy Transfer Partners. L.P.) has issued multiple series of preferred units. Our Series C, D and E preferred units are listed on the NYSE under ticker symbols ETPprC, ETPprD and ETPprE.
For additional information regarding the preferred units, please see below:
NOTICE REGARDING EFFECTIVELY CONNECTED INCOME
The following serves as qualified notice to nominees as provided for under Treasury Regulation section 1.1446-4(b)(4) and (d):
Please note that 100 percent of Energy Transfer Operating, L.P.’s distributions (including distributions on Series A, B, C, D, E, F and G perpetual preferred units) to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of Energy Transfer Operating, L.P.’s distributions to foreign investors are subject to federal tax withholding at the highest applicable effective tax rate. Nominees, and not Energy Transfer Operating, L.P., are treated as withholding agents responsible for withholding distributions received by them on behalf of foreign investors.