Energy Transfer Affiliate to offer 6 million AmeriGas Common Units

Energy Transfer Affiliate to offer 6 million AmeriGas Common Units

VALLEY FORGE, Pa.--(BUSINESS WIRE)-- AmeriGas Partners, L.P. (NYS: 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 6,000,000 AmeriGas common units that it currently holds.

Morgan Stanley, Barclays, UBS Investment Bank, Credit Suisse, Deutsche Bank Securities, J.P. Morgan, and Wells Fargo Securities will act as joint book-running managers for the common units offering. RBC Capital Markets and Janney Montgomery Scott will act as senior co-managers. Pursuant to an option to purchase, the underwriters may purchase up to 900,000 additional common units from Heritage ETC, L.P.

When available, a copy of the prospectus supplement relating to the offering may be obtained from:

Morgan StanleyBarclays
Attn: Prospectus Departmentc/o Broadridge Financial Solutions
180 Varick Street1155 Long Island Avenue
2nd Floor, New York, NY, 10014Edgewood, NY 11717



Phone: (866) 718-1649Phone: (888) 603-5847
UBS Investment BankCredit Suisse
Attn: Prospectus DepartmentAttn: Prospectus Department
299 Park AvenueOne Madison Avenue, 1B
New York, NY 10171New York, NY 10010
Phone: (888) 827-7275Phone: (800) 221-1037
Deutsche Bank SecuritiesJ.P. Morgan
ATTN: Prospectus Groupc/o Broadridge Financial Solutions
60 Wall Street1155 Long Island Avenue
New York, NY 10005-2836Edgewood, NY 11717


Telephone: (866) 803-9204
Phone: (800) 503-4611
Wells Fargo Securities
Attn: Equity Syndicate Dept.
375 Park Avenue
New York, NY 10152


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 approximately 2,100 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 32% of the Partnership and the public owns the remaining 42%.

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

KEYWORDS:   United States  North America  Pennsylvania


The article Energy Transfer Affiliate to offer 6 million AmeriGas Common Units originally appeared on

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.