AmeriGas Partners, L.P. (NYSE: APU) announced today that Heritage ETC, L.P. (the “Selling Unitholder”), an affiliate of Energy Transfer Partners, L.P., has priced a public underwritten offering of 8,000,000 AmeriGas common units at a price to the public of $42.73 per unit. The underwriters have an option to purchase up to 1,200,000 additional common units at the public offering price less the underwriting discount. The offering is expected to close on January 17, 2014, subject to customary closing conditions. AmeriGas will not receive any proceeds from the sale of the common units by the Selling Unitholder. UBS Investment Bank, Citigroup, BofA Merrill Lynch, Deutsche Bank Securities, Goldman, Sachs & Co., Jefferies, J.P. Morgan, Morgan Stanley, RBC Capital Markets and Wells Fargo Securities are acting as joint book-running managers for the common units offering. A copy of the prospectus supplement relating to the offering may be obtained from:
|UBS Investment BankATTN: Prospectus Department299 Park AvenueNew York, NY 10171Phone: (888) 827-7275||Citigroup Global Markets Inc.c/o Broadridge Financial Solutions1155 Long Island AvenueEdgewood, NY 11717 Phone: (800) 831-9146|
|BofA Merrill Lynch 222 Broadway New York, NY 10038 Attn: Prospectus Department Email: email@example.com||Deutsche Bank Securities ATTN: Prospectus Group60 Wall StreetNew York, NY 10005-2836 Email: prospectus.CPDG@db.com Phone: (800) 503-4611|
|Goldman, Sachs & Co. 200 West Street New York, NY 10282 Email: firstname.lastname@example.org Phone: (866) 471-2526||Jefferies LLC ATTN: Prospectus Department 520 Madison Avenue, 12th Fl New York, NY 10022 email@example.com Phone: (877) 547-6340|
|J.P. Morgan Securities LLCc/o Broadridge Financial Solutions1155 Long Island AvenueEdgewood, NY 11717Phone: (866) 803-9204||Morgan Stanley & Co. LLCATTN: Prospectus Department180 Varick Street2nd Floor, New York, NY, 10014|
|RBC Capital Markets ATTN: Equity Syndicate 3 World Financial Center 200 Vesey Street, 8th Fl New York, NY 10281 Phone: (877) 822-4089||Wells Fargo SecuritiesATTN: Equity Syndicate Dept.375 Park AvenueNew York, NY 10152 Email: firstname.lastname@example.orgPhone: (800) 326-5897|
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 2,500 distribution locations. UGI Corporation, through subsidiaries, is the sole General Partner and owns 26% of the Partnership. Prior to this offering, Heritage ETC, L.P., an affiliate of Energy Transfer Partners, L.P., owns 24% of the Partnership and the public owns the remaining 50%.