Ferrellgas, L.P. Announces Proposed Senior Notes Offering

Core Viewpoint - Ferrellgas, L.P. plans to offer $650 million in senior notes due 2031 to refinance existing debt and improve financial flexibility [1][2]. Group 1: Offering Details - The senior notes will be guaranteed on a senior unsecured basis by Ferrellgas, Inc. and its subsidiaries, with certain exceptions [2]. - The proceeds from the offering will be used to redeem all of the existing 5.375% Senior Notes due 2026, contingent upon the successful completion of the offering and an amendment to the credit agreement [2]. Group 2: Regulatory Information - The notes will not be registered under the Securities Act of 1933 and will be offered only to qualified institutional buyers and certain non-U.S. persons [3]. Group 3: Company Overview - Ferrellgas Partners, L.P. provides propane services across all 50 states, the District of Columbia, and Puerto Rico through its operating partnership and subsidiaries [4].