Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - AMERIGAS PARTNERS LP | d316599d8k.htm |
| EX-99.3 - PRESS RELEASE ANNOUNCING INTENT TO INCREASE DISTRIBUTION BY 5% - AMERIGAS PARTNERS LP | d316599dex993.htm |
| EX-99.2 - PRESS RELEASE ANNOUNCING THE DEBT TENDER OFFER - AMERIGAS PARTNERS LP | d316599dex992.htm |
Exhibit 99.1
| Contact: | 610-337-7000 | For Immediate Release: | ||
| Hugh J. Gallagher, ext. 1029 | March 14, 2012 | |||
| Shelly Oates, ext 3202 |
AmeriGas Partners to Issue Common Units
VALLEY FORGE, Pa., March 14 - AmeriGas Partners, L.P. (NYSE: APU) announced today that it intends to offer, subject to market and other conditions, 7,000,000 common units in a registered public offering. In addition, AmeriGas Partners has granted the underwriters an option to purchase up to 1,050,000 additional common units to cover over-allotments. The proceeds from the offering will be used to finance AmeriGas Partners’ tender offer for $200 million of outstanding 6.50% Senior Notes due 2021, which were issued by AmeriGas Partners and AmeriGas Finance Corp., to reduce AmeriGas Partners’ remaining indebtedness and that of its subsidiaries from time to time, and for general corporate purposes.
Wells Fargo Securities, BofA Merrill Lynch, Barclays Capital, Citigroup, Credit Suisse, J.P. Morgan and UBS Investment Bank will act as joint book-running managers for the common units offering. Janney Montgomery Scott will act as senior co-manager.
When available, a copy of the prospectus relating to the offering may be obtained from:
Wells Fargo Securities
Attn: Equity Syndicate Dept.
375 Park Avenue
New York, NY 10152
Phone: (800) 326-5897
Email: cmclientsupport@wellsfargo.com
BofA Merrill Lynch
Attn: Prospectus Department
4 World Financial Center
New York, NY 10080
Email: dg.prospectus_requests@baml.com
Barclays Capital
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Phone: (888) 603-5847
Email: Barclaysprospectus@broadridge.com
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AmeriGas Partners to Issue Common Units
Citigroup
Attn: Prospectus Department
Brooklyn Army Terminal
140 58th Street, 8th Floor
Brooklyn, NY 11220
Phone: (800) 831-9146
Email: batprospectusdept@citi.com
Credit Suisse
Attn: Prospectus Department
One Madison Avenue, 1B
New York, NY 10010
Phone: (800) 221-1037
J.P. Morgan
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Telephone: (866) 803-9204
UBS Investment Bank
Attn: Prospectus Department
299 Park Avenue
New York, NY 10171
Phone: (888) 827-7275
This announcement does not constitute an offer to sell, or the solicitation of an offer to buy, common units in any jurisdiction in which such an offer or solicitation, or the sale of common units, would be unlawful without registration or qualification under the securities laws of such jurisdiction. Any offer to sell, or solicitation of an offer to buy, will be made solely by means of a prospectus and related prospectus supplement filed with the SEC.
About AmeriGas Partners, L.P.
AmeriGas is the nation’s largest retail propane marketer, serving over two million customers in all 50 states from over 1,200 locations.
This press release contains certain forward-looking statements which management believes to be reasonable as of today’s date only. Actual results may differ significantly because of risks and uncertainties that are difficult to predict and many of which are beyond management’s control. You should read the Partnership’s Annual Report on Form 10-K for a more extensive list of factors that could affect results. Among them are (i) capital market conditions, including reduced access to capital markets and interest rate fluctuations, and (ii) political, regulatory and economic conditions in the United States and foreign countries. The Partnership undertakes no obligation to release revisions to its forward-looking statements to reflect events or circumstances occurring after today except as required by federal securities laws.
| AP-08 | * * * | 3/14/12 |