BB&T Capital Markets Serves as Co-Manager for AmeriGas Group’s $525 Million 5.75% Offering of Senior Notes due 2027
On February 6, 2017, BB&T Capital Markets served as a co-manager for an offering of $525 million 5.75% senior notes due 2027 by AmeriGas Partners and AmeriGas Financial Corporation.
Proceeds from the offering are being used to repay in full the 2022 notes and for general corporate purposes.
About the Companies
AmeriGas Partners, L.P. through its subsidiary, AmeriGas Propane, L.P., distributes propane and related equipment and supplies in the United States. The company serves approximately 1.9 million residential, commercial, industrial, agricultural, wholesale, and motor fuel customers in 50 states through approximately 1,900 propane distribution locations. AmeriGas also sells, installs, and services propane appliances, such as heating systems; and offers residential heating, ventilation, air conditioning, plumbing, and related services. The company markets propane and other services primarily under the AmeriGas, America's Propane Company, Heritage Propane, Relationships Matter, Metro Lawn, and ServiceMark names. AmeriGas Partners, L.P. was founded in 1994 and is based in King of Prussia, Pennsylvania.
About BB&T Capital Markets
BB&T Capital Markets offers an integrated platform of equity and debt underwriting, M&A advisory, corporate banking, and sales and trading. Headquartered in Richmond, VA, with offices throughout the US, we have specific expertise within 10 distinct industry verticals including Automotive Aftermarket; Commercial & Industrial; Education; Energy; Financial Services; Food & Agribusiness; Healthcare; Logistics & Transportation Services; Real Estate; and Retail & Consumer. Our commitment to industry expertise, combined with our resources as one of the nation's strongest financial institutions, strategically positions BB&T Capital Markets to build lasting relationships and contribute measurably to the long-term success of our clients.