BUCKEYE PARTNERS, L.P. Junior Subordinated Notes due 2078 UNDERWRITING AGREEMENTUnderwriting Agreement • January 19th, 2018 • Buckeye Partners, L.P. • Pipe lines (no natural gas) • New York
Buckeye Partners, L.P., a Delaware limited partnership (the “Partnership”), proposes to issue and sell $400,000,000 aggregate principal amount of its Junior Subordinated Notes due 2078 (the “Notes”) to Deutsche Bank Securities Inc. (“Deutsche Bank”) and Wells Fargo Securities, LLC (“Wells Fargo” and together with Deutsche Bank, the “Underwriters”). The Notes will (i) have terms and provisions which are summarized in the Pricing Disclosure Package as of the Applicable Time and the Prospectus dated as of the date hereof (each as defined in Section 1(a) hereof) and (ii) be issued pursuant to an Indenture to be dated as of January 22, 2018 (the “Base Indenture”) between the Partnership and Branch Banking and Trust Company, a bank organized and existing under the laws of the state of North Carolina, as trustee (the “Trustee”), as amended and supplemented by the First Supplemental Indenture thereto to be entered into in connection with this offering (the “First Supplemental Indenture”) betwe
