FGPR
Ferrellgas Partners, L.P.19.00
+0.00+0%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
311.85MP/E (TTM)
2.38Basic EPS (TTM)
7.99Dividend Yield
0%Recent Filings
10-Q
8-K
8-K
8-K
Ferrellgas refinances debt with notes
Ferrellgas, L.P. issued $650 million in 9.250% senior notes due 2031 on October 27, 2025, using net proceeds of about $637.5 million plus cash to redeem its $650 million 5.375% senior notes due 2026. The notes, guaranteed by subsidiaries, mature January 15, 2031, with semi-annual interest starting July 15, 2026, and include redemption options and covenants restricting debt and distributions. Concurrently, the company amended its credit agreement, extending maturity to October 2028 and raising the borrowing limit to $350 million under a borrowing base, plus a $50 million accordion, to bolster liquidity amid high leverage. This refinancing extends maturities but elevates interest costs.
8-K
Ferrellgas prices $650M notes
Ferrellgas priced $650 million of 9.250% senior notes due 2031 at par on October 17, 2025, with closing expected around October 27. The notes, guaranteed by subsidiaries, will fund redemption of the company's 5.375% notes due 2026, alongside cash on hand and a credit facility amendment. This refinancing extends debt maturity while raising interest costs. Risks include market disruptions and completion uncertainties.
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