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Columbia Pipeline Partners LP Announces Increase to Quarterly Distribution

HOUSTON, May 2, 2016 /PRNewswire/ -- The Board of Directors of CPP GP LLC, as general partner of Columbia Pipeline Partners LP CPPL, +0.43% ("CPPL"), today approved a quarterly distribution payment of $0.1875 per unit for CPPL, payable on May 20, 2016, to both common and subordinated unit holders of record at the close of business on May 13, 2016. This distribution represents an approximately 4.2 percent increase over the prior quarter's distribution of $0.18 per unit.

1446 Qualified NoticeThis notice is intended to serve as qualified notice to nominees pursuant to Treasury Regulation 1.1446-4(b). All of the partnership's distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, the partnership's distributions to foreign investors are subject to U.S. federal income tax withholding at the highest applicable effective tax rate.

About Columbia Pipeline Partners LP Columbia Pipeline Partners LP, based in Houston, Texas, is a fee-based, growth-oriented master limited...


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