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home / news releases / SPH - Suburban Propane Partners prices private offering of senior notes

SPH - Suburban Propane Partners prices private offering of senior notes

Suburban Propane Partners L.P.
Suburban Propane Partners (SPH) prices its offering of $650M aggregate principal amount of 5.00% senior notes due 2031 in a private placement, at par.  Suburban Energy Finance is a wholly-owned direct subsidiary of Suburban, is the co-issuer of the 2031 Senior Notes.  The sale of the 2031 Senior Notes is expected to close on May 24, 2021.Net proceeds, together with a combination of cash on hand and borrowings under a revolving credit facility, to refinance, by repurchasing or redeeming previous senior notes.

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Suburban Propane Partners prices private offering of senior notes
Stock Information
Company Name: Suburban Propane Partners L.P.
Stock Symbol: SPH
Market: NYSE
Website: suburbanpropane.com
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