SUBSEQUENT EVENTS

6 Months Ended

Jun. 30, 2014

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS

NOTE 12 SUBSEQUENT EVENTS

On July 23, 2014, the board of directors of our General Partner declared the Partnership’s second quarter 2014 cash distribution in the amount of $0.84 per common unit payable on August 14, 2014 to unitholders of record as of August 5, 2014.

GTN declared a second quarter 2014 distribution of $28 million on July 8, 2014, of which the Partnership will receive its 70 percent share or $20 million on August 1, 2014.

Northern Border declared a second quarter 2014 distribution of $42 million on July 16, 2014, of which the Partnership will receive its 50 percent share or $21 million on August 1, 2014.

Bison declared a second quarter 2014 distribution of $17 million on July 8, 2014, of which the Partnership will receive its 70 percent share or $12 million on August 1, 2014.

Great Lakes declared a second quarter 2014 distribution of $10 million on July 8, 2014, of which the Partnership will receive its 46.45 percent share or $5 million on August 1, 2014.