5.375% Senior Notes due 2026

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Ferrellgas, L.P. Announces Pricing of Senior Notes Offering
Globenewswire· 2025-10-17 20:05
Core Viewpoint - Ferrellgas, L.P. and its subsidiary announced the pricing of a $650 million offering of 9.250% senior notes due 2031, expected to close around October 27, 2025 [1][2] Group 1: Offering Details - The offering consists of $650 million aggregate principal amount of senior notes priced at 100% of the principal [1] - The notes will be senior obligations guaranteed by Ferrellgas, Inc. and its existing and future subsidiaries [2] - The net proceeds will be used to redeem all of the Issuers' 5.375% Senior Notes due 2026, contingent upon the completion of the offering and an amendment to the credit agreement [2] Group 2: Regulatory Information - The notes have not been registered under the Securities Act of 1933 and may not be offered or sold in the U.S. without registration or an exemption [3] - The offering is limited to qualified institutional buyers and certain non-U.S. persons [3] Group 3: Company Overview - Ferrellgas Partners, L.P. serves propane customers across all 50 states, the District of Columbia, and Puerto Rico through its operating partnership and subsidiaries [4]
Ferrellgas, L.P. Announces Proposed Senior Notes Offering
Globenewswire· 2025-10-15 12:12
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].