Amerigas Partners L.P., founded in 1959 and headquartered in King of Prussia, Pennsylvania, is a leading provider of propane distribution and services in the United States. The company serves residential, commercial, industrial, and agricultural customers, offering a comprehensive range of propane-related services including delivery, tank installation, and maintenance.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| APU 5.50% 2025-05-20 USDAmerigas Partners L P | United States | 2025-05-20 | 5.500 | 5.98 |
| APU 5.75% 2027-05-20 USDAmerigas Partners L P | United States | 2027-05-20 | 5.750 | 5.06 |
| APU 5.88% 2026-08-20 USDAmerigas Partners L P | United States | 2026-08-20 | 5.875 | 4.35 |
| APU 9.38% 2028-06-01 USDAmerigas Partners L P | United States | 2028-06-01 | 9.375 | 7.85 |
| APU 9.38% 2028-06-01 USDAmerigas Partners L P | United States | 2028-06-01 | 9.375 | 7.80 |
| APU 9.50% 2030-06-01 USDAmerigas Partners L P | United States | 2030-06-01 | 9.500 | 7.47 |
| APU 9.50% 2030-06-01 USDAmerigas Partners L P | United States | 2030-06-01 | 9.500 | 7.52 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Amerigas has a history of bond issuances that dates back to the 1990s, allowing it to fund its operational expansion and acquisitions. Notably, the company issued a significant amount of senior notes in 2019 to refinance existing debt, highlighting its strategic approach to managing leverage. Currently, Amerigas bonds yield approximately 5.5%, which is competitive within the propane industry, especially considering rising interest rates and inflationary pressures. With features such as call provisions on certain issuances, these bonds provide investors with potential early redemption opportunities, reflecting Amerigas's commitment to maintaining financial flexibility.