PLAINS ALL AMERICAN PIPELINE, L.P. PAA FINANCE CORP. $700,000,000 4.70% Senior Notes due 2044 UNDERWRITING AGREEMENTUnderwriting Agreement • April 18th, 2014 • Plains All American Pipeline Lp • Pipe lines (no natural gas) • New York
Contract Type FiledApril 18th, 2014 Company Industry JurisdictionPlains All American Pipeline, L.P., a Delaware limited partnership (the “Partnership”), and PAA Finance Corp., a Delaware corporation (“PAA Finance” and, together with the Partnership, the “Issuers”), propose to issue and sell to the several underwriters named in Schedule I hereto (the “Underwriters”), for whom Citigroup Global Markets Inc., SunTrust Robinson Humphrey, Inc., UBS Securities LLC and Wells Fargo Securities, LLC are acting as the representatives (the “Representatives”), $700,000,000 aggregate principal amount of 4.70% Senior Notes due 2044 (the “Notes”). The Notes are to be issued under an indenture dated as of September 25, 2002 (the “Base Indenture”), among the Issuers and U.S. Bank National Association, as successor trustee (the “Trustee”), as amended by the Twenty-Fifth Supplemental Indenture, to be dated as of April 23, 2014, among the Issuers and the Trustee (the “Supplemental Indenture”, and, together with the Base Indenture, the “Indenture”).