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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 17, 2008
Plains All American Pipeline, L.P.
(Exact name of registrant as specified in its charter)
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| DELAWARE
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1-14569
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76-0582150 |
| (State or other jurisdiction of
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(Commission File Number)
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(IRS Employer Identification |
| incorporation)
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No.) |
333 Clay Street, Suite 1600, Houston, Texas 77002
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code 713-646-4100
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
TABLE OF CONTENTS
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 purposes of Section 18 of the Securities Exchange Act of
1934, as amended, nor shall it be deemed incorporated by reference in any filing under the
Securities Act of 1933, as amended, or Securities Exchange Act of 1934, as amended, except as
expressly set forth by specific reference in such a filing.
On April 17, 2008, Plains All American Pipeline, L.P. (the “Partnership”) issued a press
release announcing (i) that its General Partner had agreed to temporarily reduce its incentive
distribution in connection with the Rainbow Pipe Line acquisition announced on April 7, 2008, (ii)
that it would pay an increased distribution on its limited partner units for the first quarter of
2008 and (iii) that it was increasing its distribution growth goal for 2008. The Partnership is
furnishing a copy of such press release as Exhibit 99.1 hereto.
Item 8.01 Other Events.
On April 17, 2008, the Partnership announced that its General Partner had agreed to
temporarily reduce its incentive distribution in connection with the Rainbow Pipe Line acquisition
announced on April 7, 2008. Beginning on the second quarterly distribution payment date after
closing of the Rainbow acquisition, the quarterly payment paid to the holder of the Partnership’s
incentive distribution rights will be reduced by $2,500,000 per quarter for two quarters and
$1,250,000 per quarter for four quarters, for an aggregate reduction of $10,000,000 over six
quarters. The reduction will become effective only upon and after consummation of the Rainbow
acquisition.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit 99.1 — Press Release dated April 17, 2008
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused
this report to be signed on its behalf by the undersigned hereunto duly authorized.
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PLAINS ALL AMERICAN PIPELINE, L.P.
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| Date: April 18, 2008 |
By: |
PAA GP LLC, its general partner
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By: |
/s/ Tim Moore
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Name: |
Tim Moore |
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Title: |
Vice President |
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EXHIBIT INDEX
Exhibit 99.1 — Press Release Dated April 17, 2008
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