AMERIGAS PARTNERS, L.P. 
By AmeriGas Partners, L.P. (NYSE: APU) announced today that Heritage ETC, L.P. (the "Selling Unitholder"), an affiliate of Energy Transfer Partners, L.P., has priced a public underwritten offering of 8,000,000 AmeriGas common units at a price to the public of $42.73 per unit. The underwriters have an option to purchase up to 1,200,000 additional common units at the public offering price less the underwriting discount. The offering is expected to close on January 17, 2014, subject to customary closing conditions. AmeriGas will not receive any proceeds from the sale of the common units by the Selling Unitholder.
UBS Investment Bank, Citigroup, BofA Merrill Lynch, Deutsche Bank Securities, Goldman, Sachs & Co., Jefferies, J.P. Morgan, Morgan Stanley, RBC Capital Markets and Wells Fargo Securities are acting as joint book-running managers for the common units offering.
A copy of the prospectus supplement relating to the offering may be obtained from:
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UBS Investment Bank ATTN: Prospectus Department 299 Park Avenue New York, NY 10171 Phone: (888) 827-7275 |
Citigroup Global Markets Inc. c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 Phone: (800) 831-9146 | |||
BofA Merrill Lynch 222 Broadway New York, NY 10038 Attn: Prospectus Department Email: dg.prospectus_requests@baml.com
| Deutsche Bank Securities
ATTN: Prospectus Group Email: prospectus.CPDG@db.com Phone: (800) 503-4611 | |||
Goldman, Sachs & Co. 200 West Street New York, NY 10282 Email: prospectus-ny@gs.com Phone: (866) 471-2526 | Jefferies LLC ATTN: Prospectus Department 520 Madison Avenue, 12th Fl New York, NY 10022 prospectus_department@jefferies.com Phone: (877) 547-6340 | |||
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J.P. Morgan Securities LLC c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 Phone: (866) 803-9204 |
Morgan Stanley & Co. LLC | |||
RBC Capital Markets ATTN: Equity Syndicate 3 World Financial Center 200 Vesey Street, 8th Fl New York, NY 10281 Phone: (877) 822-4089 |
Wells Fargo Securities
Email: cmclientsupport@wellsfargo.com | |||
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.
About AmeriGas Partners, L.P.
AmeriGas is the nation's largest retail propane marketer, serving over two million customers in all 50 states from over 2,500 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 24% of the Partnership and the public owns the remaining 50%.
AmeriGas Partners, L.P.
Simon Bowman, 610-337-7000 ext. 3645
Shelly
Oates, 610-337-7000 ext 3202
