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Stock impact report

Suburban Propane Partners, L.P. Announces Completion of $350,000,000 Issuance of 6.500% Senior Notes due 2035 [Yahoo! Finance]

Suburban Propane Partners, L.P. (SPH) 
Last suburban propane partners, l.p. earnings: 2/6 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
previously announced offering of $350 million aggregate principal amount of 6.500% Senior Notes due 2035 (the "2035 Senior Notes"), in a private offering to "qualified institutional buyers," as defined in Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and non-U.S. persons outside the United States under Regulation S under the Securities Act. Suburban Energy Finance Corp. (together with Suburban Propane, the "Issuers"), a wholly-owned direct subsidiary of Suburban Propane, is the co-issuer of the 2035 Senior Notes. The net proceeds of the offering of the 2035 Senior Notes, after deducting estimated offering expenses, was approximately $344.3 million, all of which will be used, together with borrowings under a revolving credit facility, to fund the redemption of all of the Issuers' 5.875% senior notes due 2027 (the "2027 Senior Notes"), and to pay related fees and expenses. On December 8, 2025, the Issuers sent a conditional notice of redemption to rede Show less Read more
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