Item 7.01 Regulation FD Disclosure.
In accordance with General Instruction B.2 of Form 8-K, the information
presented herein under Item 7.01 shall not be deemed "filed" for the purpose of
Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise
subject to the liabilities of that section, nor shall such information be deemed
incorporated by reference into any filing under the Securities Act of 1933 or
the Securities Exchange Act of 1934, each as amended.
On June 8, 2021, Plains All American Pipeline, L.P. ("PAA"), a wholly-owned
subsidiary of Plains GP Holdings, L.P. ("PAGP" or the "Registrant"), and PAGP
issued a press release announcing the execution of definitive agreements to sell
certain natural gas storage facilities (the "transaction"). A copy of the press
release is furnished as Exhibit 99.1 hereto. Plains also intends to publish to
its website an updated investor presentation that will include additional
information relating to the transaction and its strategic benefit to PAA and
PAGP in the context of Plains' efforts to maximize free cash flow, accelerate
debt reduction, and position itself to increase returns to equity holders. The
presentation materials will be made available for viewing on Tuesday, June 8,
2021, at www.plainsallamerican.com under the "News & Events - Investor
Presentations" portion of the Investor Relations section of the website. Neither
PAA nor PAGP undertake to update the information posted on their websites;
however, they may post additional information included in future press releases,
Forms 8-K, and periodic Exchange Act reports.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit Number Description
99.1 Press Release Dated June 8, 2021.
104 Cover Page Interactive Data File (formatted as inline XBRL and
contained in Exhibit 101)
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