Cahill Represents Financing Sources in Acquisition of Bridger Logistics by Ferrellgas Partners
Cahill represented J.P. Morgan, BofA Merrill Lynch, and Wells Fargo Securities as joint book-running managers and the co-managers in connection with the Rule 144A offering of $500,000,000 aggregate principal amount of 6.75% Senior Notes due 2023 by Ferrellgas, L.P. and Ferrellgas Finance Corp., a leading distributor of propane and related equipment and supplies to customers in the United States. Proceeds from the offering is expected to be used to fund a portion of the cash consideration for the pending acquisition of all of the outstanding membership interests in Bridger Logistics, LLC and its subsidiaries.
Cahill also represented J.P. Morgan, UBS Investment Bank, Barclays, BofA Merrill Lynch, RBC Capital Markets, and Jefferies as joint book-running managers and the co-managers in connection with the offering of 6,325,000 Common units by Ferrellgas Partners, representing limited partner interests, resulting in gross proceeds of $145,475,000. Proceeds from the offering are also expected to be used in connection with the acquisition described above.