AmeriGas Partners to Issue Notes Totaling $450M

AmeriGas Partners, L.P. APU today announced that it and its wholly owned subsidiary, AmeriGas Finance Corp. , intend to offer, subject to market and other conditions, $450 million aggregate principal amount of senior notes due 2019 in a registered public offering. The proceeds from the offering will be used to finance AmeriGas Partners' tender offer for its outstanding 7 ⅛% Senior Notes due 2016 and for general corporate purposes, including repaying borrowings outstanding under the bank credit agreement of AmeriGas Partners' operating partnership, AmeriGas Propane, L.P.