Sept 9 (Reuters) - Ferrellgas LP/Finance Corp, a unit of
Ferrellgas Partners LP, on Wednesday sold $300 million
of senior notes in the 144a private placement market, said IFR,
a Thomson Reuters service.
The size of the deal was increased from an originally planned $250 million.
JP Morgan, Bank of America, and Wells Fargo were the joint bookrunning managers for the sale.
BORROWER: FERRELLGAS LP/FINANCE CORP
AMT $300 MLN COUPON 9.125 PCT MATURITY 10/1/2017 TYPE SNR NOTES ISS PRICE 98.559 FIRST PAY 4/1/2010 MOODY'S Ba3 YIELD 9.375 PCT SETTLEMENT 9/14/2009 S&P B-PLUS SPREAD 611 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 4 YEARS
Keywords: FERRELLGASLP/FINANCECORP DEBT/NOTES (New Issue by Thomson Reuters; +1-646-223-6886 e-mail: uscorpbonds@reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The size of the deal was increased from an originally planned $250 million.
JP Morgan, Bank of America, and Wells Fargo were the joint bookrunning managers for the sale.
BORROWER: FERRELLGAS LP/FINANCE CORP
AMT $300 MLN COUPON 9.125 PCT MATURITY 10/1/2017 TYPE SNR NOTES ISS PRICE 98.559 FIRST PAY 4/1/2010 MOODY'S Ba3 YIELD 9.375 PCT SETTLEMENT 9/14/2009 S&P B-PLUS SPREAD 611 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 4 YEARS
Keywords: FERRELLGASLP/FINANCECORP DEBT/NOTES (New Issue by Thomson Reuters; +1-646-223-6886 e-mail: uscorpbonds@reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
© 2009 AFX News
