BPL Buckeye Partners LP

Item 8.01. Other Events.

Notes Underwriting Agreement

On November 9, 2017, Buckeye Partners, L.P. (“Buckeye”) and Buckeye GP LLC (the “General Partner”) entered into an underwriting agreement (the “Notes Underwriting Agreement”) with Barclays Capital Inc., PNC Capital Markets LLC and SunTrust Robinson Humphrey, Inc., as representatives of the several underwriters set forth in Schedule 1 thereto (collectively, the “Notes Underwriters”), that provided for the issuance and sale by Buckeye, and the purchase by the Notes Underwriters (the “Notes Offering”), of $400.0 million aggregate principal amount of Buckeye’s 4.125% senior unsecured notes due 2027 (the “Notes”). The Notes Offering was registered under the Securities Act pursuant to a shelf registration statement on Form S-3 (File No. 333-221438). The Notes Offering is scheduled to close on November 20, 2017, subject to customary closing conditions.

The Notes Underwriting Agreement requires Buckeye to indemnify the Notes Underwriters and certain of their affiliates against certain liabilities or to contribute to payments the Notes Underwriters may be required to make because of such liabilities.

Buckeye intends to use the net proceeds from the Notes Offering in addition to a portion of the net proceeds from one or more potential future capital markets transactions (which may include an offering of subordinated notes) (i) to fund the redemption of all $300.0 million aggregate principal amount of its outstanding 6.050% notes due January 15, 2018 and (ii) to repay borrowings under its revolving credit facility.

The disclosure contained in this Item 8.01 does not purport to be a complete description of the Notes Underwriting Agreement and is qualified in its entirety by reference to the Notes Underwriting Agreement, which is filed as Exhibit 1.1 hereto and is incorporated by reference into this Item 8.01.