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MPLX LP prices two-part $1.5B debt offering via issuance of senior notes
MPLX LP has priced a two-part debt offering totaling $1.5 billion. The offering consists of $750 million in 5.650% senior notes due 2034 and $750 million in 5.950% senior notes due 2054. The proceeds from this offering are intended for general partnership purposes, which may include repaying existing indebtedness.