Cahill Represents Initial Purchasers in $650 Million Notes Offering for Suburban Propane Partners, L.P. and Suburban Energy Finance Corporation
Date: 05/24/21
Cahill represented the initial purchasers in connection with a Rule 144A offering of $650,000,000 aggregate principal amount of 5.000% senior notes due 2031 by Suburban Propane Partners, L.P. and Suburban Energy Finance Corporation. Proceeds from the offering were used to fund the refinancing of existing notes through a tender offer. Suburban Propane Partners, L.P. (NYSE: SPH), a nationwide distributor of propane, renewable propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity and investor in low carbon fuel alternatives, servicing over 1 million customers through its 700 locations across 41 states.