SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported) April 10, 1996
Ferrellgas, L.P.
Ferrellgas Finance Corp.
(Exact name of registrants as specified in their charters)
Delaware
(State or other jurisdictions of incorporation or organization)
33-53379 43-1698481
33-53379 - 01 43-1677595
(Commission File Numbers) (I.R.S. Employer Identification Nos.)
One Liberty Plaza, Liberty, Missouri 64068
(Address of principal executive offices, including zip code)
(816) 792-1600
(Registrants' telephone number, including area code)
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ITEM 5. OTHER EVENTS
On April 10, 1996 Ferrellgas Partners, L.P. announced that it plans
to issue $125 million of Senior Secured Notes due 2006 in a private placement
to qualified institutional investors under Rule 144A. Net proceeds of the
offering will be contributed by Ferrellgas Partners, L.P. to its operating
partnership, Ferrellgas, L.P., and will be used to repay outstanding
indebtedness under Ferrellgas, L.P.'s bank credit lines.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial statements of businesses acquired.
Not applicable.
(b) Pro forma financial information.
Not applicable.
(c) Exhibits.
The Exhibit listed in the Index to Exhibits is filed as part of this
Current Report on Form 8-K.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
FERRELLGAS, L.P.
By: FERRELLGAS, INC. (General Partner)
By: /s/ Danley K. Sheldon
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Danley K. Sheldon
Senior Vice President and Chief
Financial Officer
(Principal Financial and
Accounting Officer)
Date: April 10, 1996
FERRELLGAS FINANCE CORP.
By: /s/ Danley K. Sheldon
------------------------------------
Danley K. Sheldon
Senior Vice President and Chief
Financial Officer
(Principal Financial and
Accounting Officer)
Date: April 10, 1996
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EXHIBIT INDEX
Exhibit No. Description of Exhibit
99 Text of press release issued by
Ferrellgas Partners, L.P. on
April 10, 1996
For immediate release
Contacts
Investor Relations: Theresa Schekirke, 816/792-6826
Media Relations: Linda Bengston, 816/792-7902
Ferrellgas Partners, L.P.,
Announces Senior Note Private Offering
LIBERTY, Mo. (April 10, 1996)--Ferrellgas Partners, L.P. (NYSE: FGP)
announced today that it plans to issue $125 million of Senior Secured Notes due
2006 in a private placement to qualified institutional investors under Rule
144A. Proceeds of the offering will be contributed by Ferrellgas Partners to its
operating partnership, Ferrellgas, L.P., and will be used primarily to repay
outstanding indebtedness under Ferrellgas, L.P.'s acquisition bank credit lines.
In late March, Ferrellgas announced plans to acquire Skelgas Propane,
Inc., the nation's seventh-largest propane supplier. The transaction is
scheduled to close late in April, bringing the number of acquisitions closed
since Ferrellgas became a publicly traded partnership in 1994 to a total of 20,
adding more than 175 million retail gallons to the business.
Ferrellgas Partners, L.P., through its operating partnership,
Ferrellgas, L.P., is the second-largest retail marketer of propane in the United
States, serving more than 700,000 customers in 45 states.
The Senior Notes will not be registered under the Securities Act and
may not be offered or sold in the United States absent such registration or an
applicable exemption from the registration requirements of such Act. This press
release shall not constitute an offer to sell or the solicitation of an offer to
buy these Senior Notes nor shall there be any sale of these Senior Notes in any
state in which such offer or solicitation of sale would be unlawful prior to
registration or qualification under the securities laws of any state.
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