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: dg.prospectus_requests@baml.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: prospectus-ny@gs.com

Phone: (866) 471-2526

Jefferies LLC

ATTN: Prospectus Department

520 Madison Avenue, 12th Fl

New York, NY 10022

prospectus_department@jefferies.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: cmclientsupport@wellsfargo.comPhone: (800) 326-5897
 

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.

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%.

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