Suburban Propane Partners Prices $350 Million in Senior Notes Due 2035

MT Newswires Live

12/09

Suburban Propane Partners (SPH) priced a $350 million private placement of 6.5% senior notes due 2035 at par, with closing expected on Dec. 22.

Proceeds, along with borrowings under its revolving credit facility, will be used to retire $350 million of 5.875% notes due 2027, the company said Monday in a statement.

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