2027 Senior Notes
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Suburban Propane Partners, L.P. Announces Completion of $350,000,000 Issuance of 6.500% Senior Notes due 2035
Prnewswire· 2025-12-22 21:00
Core Viewpoint - Suburban Propane Partners, L.P. has successfully completed a $350 million offering of 6.500% Senior Notes due 2035, aimed at refinancing existing debt and enhancing financial flexibility [1][2]. Group 1: Financial Details - The net proceeds from the offering, after estimated expenses, amounted to approximately $344.3 million, which will be utilized to redeem all of the Issuers' 5.875% senior notes due 2027 and cover related fees [2]. - A conditional notice of redemption for the 2027 Senior Notes was sent on December 8, 2025, with the redemption scheduled for January 7, 2026 [2]. Group 2: Company Overview - Suburban Propane is a publicly traded master limited partnership listed on the NYSE, headquartered in Whippany, New Jersey, and has been in operation since 1928 [4]. - The company distributes propane, renewable propane, renewable natural gas, fuel oil, and related products, serving approximately 1 million customers across 42 states through around 750 locations [4]. Group 3: Company Values and Initiatives - Suburban Propane is built on three core pillars: a commitment to excellence in customer service, dedication to community support, and promotion of low-carbon energy solutions [5].
FORVIA FURTHER IMPROVES ITS DEBT PROFILE BY USING THE €600M PROCEEDS FROM ITS NEW SENIOR NOTES DUE 2031 AND AVAILABLE CASH TO REPURCHASE €700M OF BONDS MATURING IN 2027
Globenewswire· 2025-09-11 16:01
Group 1 - Forvia has improved its debt profile by utilizing €600 million from new senior notes due 2031 and available cash to repurchase €700 million of bonds maturing in 2027 [2] - The cash tender offers successfully reduced the outstanding amount of the 2027 Sustainability-Linked Notes from €900 million to €700 million and the 2027 Senior Notes from €890 million to €390 million [3]