PAA ▼ -0.3% - Plains All American Pipeline, L.P. $PAA - Plains All American Announces Pricing of Public Offering of $1,500,000,000 of Junior Subordinated Notes and Intent to Redeem Series A and Series B Preferred Units Plains All American Pipeline announced a $1.5 billion public offering of junior subordinated notes and signaled its intention to redeem Series A and Series B preferred units, a move that likely prompted investor profit-taking despite the company's capital raise efforts. The slight decline suggests the market may have weighed the dilutive effect of new debt issuance against the potential benefits of refinancing existing preferred equity. 09-SEP-2026 05:41 PM ET