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Pharma Investments, Ventures & Law Weekly

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Ferrellgas, L.P.



Ferrellgas, L.P. and Ferrellgas Finance Corp. Announce Private Placement of $250 Million Senior Notes Due 2014



July 13th, 2008

Ferrellgas, L.P., the operating partnership of Ferrellgas Partners, L.P. (NYSE:FGP), and Ferrellgas Finance Corp., a wholly-owned subsidiary of Ferrellgas, L.P., announced plans to commence a private placement to eligible purchasers of $250 million in aggregate principal amount of 6 3/4% Senior Notes due 2014. The notes offered will be substantially similar to, but not part of the same series as, Ferrellgas, L.P.'s outstanding $250 million aggregate principal amount of 6 3/4% Senior Notes due 2014. Ferrellgas, L.P. intends to use the net proceeds from the offering to reduce outstanding indebtedness under its senior unsecured revolving credit facility.

The offering has...


Source: Pharma Investments, Ventures & Law Weekly (2008-07-13)

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