VALLEY FORGE, Pa.--(BUSINESS WIRE)--AmeriGas Partners, L.P. (NYSE: APU) announced today that Heritage ETC, L.P., an affiliate of Energy Transfer Partners, L.P., has commenced a public underwritten offering, subject to market and other conditions, of 8,000,000 AmeriGas common units that it currently holds.
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 will act as joint book-running managers for the common units offering. Pursuant to an option to purchase, the underwriters may purchase up to 1,200,000 additional common units from Heritage ETC, L.P.
When available, a copy of the prospectus supplement relating to the offering may be obtained from:
|UBS Investment Bank||Citigroup Global Markets Inc.|
|ATTN: Prospectus Department||c/o Broadridge Financial Solutions|
|299 Park Avenue||1155 Long Island Avenue|
|New York, NY 10171||Edgewood, NY 11717|
|Phone: (888) 827-7275||Phone: (800) 831-9146|
|BofA Merrill Lynch||Deutsche Bank Securities|
|222 Broadway||ATTN: Prospectus Group|
|New York, NY 10038||60 Wall Street|
|Attn: Prospectus Department||New York, NY 10005-2836|
Phone: (800) 503-4611
|Goldman, Sachs & Co.||Jefferies LLC|
|200 West Street||ATTN: Prospectus Department|
|New York, NY 10282||
520 Madison Avenue, 12th Fl
|New York, NY 10022|
|Phone: (866) 471-2526|
|Phone: (877) 547-6340|
|J.P. Morgan Securities LLC||Morgan Stanley & Co. LLC|
|c/o Broadridge Financial Solutions||Attn: Prospectus Department|
|1155 Long Island Avenue||180 Varick Street|
|Edgewood, NY 11717||2nd Floor, New York, NY, 10014|
|Phone: (866) 803-9204|
|RBC Capital Markets||Wells Fargo Securities|
|ATTN: Equity Syndicate||Attn: Equity Syndicate Dept.|
|3 World Financial Center||375 Park Avenue|
200 Vesey Street, 8th Fl
|New York, NY 10152|
|New York, NY 10281|
|Phone: (877) 822-4089||Phone: (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. Any offer to sell, or solicitation of an offer to buy, will be made solely by means of a prospectus and related prospectus supplement filed with the SEC.
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%.