other material
confidence high
sentiment neutral
materiality 0.65
Suburban Propane enters $100M at-the-market equity distribution agreement with four banks
SUBURBAN PROPANE PARTNERS LP
- Up to $100M of common units may be sold through an ATM program (Equity Distribution Agreement).
- Agents: Wells Fargo, JPMorgan, BofA, Evercore; commission up to 1.5% of gross sales price.
- Proceeds intended for acquisitions and general partnership purposes.
- Registration statement on Form S-3 declared effective by SEC on Feb 20, 2025.