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  "presentationDate": "2023-09-01 00:00:00",
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      "text": "Series D Redemptions; Number of Series D Units (MM); YE 2018: 23.2; Nov-22: (6.9); Jun-23: (5.5); Jul-23: (2.6); Sept-23E: (8.2); YE 2024E; Over 12 months ahead of original plan",
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      "text": "Earlier this month, we issued 14.95 million common units for net proceeds of $223 million (including exercise of overallotment option) to complete our redemption of the Series D\nThe equity offering is immediately accretive to cash flows through cost savings on distributions\nThe offering is also slightly accretive to our leverage metric, and we continue to target a healthy debt-to-EBITDA ratio of below 4.0x by year-end 2023",
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      "text": "We now plan to redeem the remaining one-third of Series D Preferred Units by the end of 3Q23, which represents an expedited timeline compared to our previously announced target of YE 2024",
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      "text": "Redeeming the remaining Series D eliminates an obligation senior to our common unitholders, simplifies our capital structure and increases our financial resilience and flexibility",
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