Energy Transfer Affiliate to offer 8 million AmeriGas Common Units

VALLEY FORGE, Pa.--()--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

Email: dg.prospectus_requests@baml.com

Email: prospectus.CPDG@db.com

Phone: (800) 503-4611

 
Goldman, Sachs & Co. Jefferies LLC
200 West Street ATTN: Prospectus Department
New York, NY 10282

520 Madison Avenue, 12th Fl

Email: prospectus-ny@gs.com

New York, NY 10022
Phone: (866) 471-2526

Email: prospectus_department@jefferies.com

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

Email: cmclientsupport@wellsfargo.com

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%.

Contacts

AmeriGas Partners, L.P.
Simon Bowman, 610-337-7000 ext. 3645
Shelly Oates, 610-337-7000 ext. 3202

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Contacts

AmeriGas Partners, L.P.
Simon Bowman, 610-337-7000 ext. 3645
Shelly Oates, 610-337-7000 ext. 3202