The document discusses a trade idea involving Energy Transfer Equity's 5.875% 2024 bonds. It highlights the merger agreement between Energy Transfer Equity and Williams Cos., which is expected to create the largest energy infrastructure company in the US. The merger aims to make assets more efficient and synergistic, potentially leading to an investment grade rating. The document provides a positive outlook on the bonds, with a +1 rating and a 12-month trade horizon.
doj/DataSet10/EFTA01378339.pdf
{"title":"Energy Transfer Equity Trade Idea","document_date":"2015-11-06","document_type":"tabular","key_organizations":["Energy Transfer Equity","Williams Cos.","Deutsche Asset & Wealth Management"],"reference_numbers":["US29273VAD29"]}