{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-328769","form_type":"8-K","ticker":"SPH","cik":"0001005210","company_name":"SUBURBAN PROPANE PARTNERS LP","filed_at":"2025-12-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.487710+00:00","generated_at":"2026-05-16T12:22:54.204516+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Suburban Propane closes $350M 6.5% Senior Notes due 2035; redeems 5.875% notes","bullets":["Issued $350M aggregate principal of 6.500% Senior Notes due 2035; net proceeds $344.3M after expenses.","Proceeds plus revolver borrowings fund redemption of all outstanding 5.875% Senior Notes due 2027 (redemption Jan 7, 2026).","Notes are unsecured senior obligations, ranking pari passu with existing unsecured senior debt; subject to customary covenants.","Private offering to QIBs and non-U.S. persons under Rule 144A/Reg S, not registered under Securities Act."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-328769","json":"https://secwatch.observer/filing/0001193125-25-328769.json","markdown":"https://secwatch.observer/filing/0001193125-25-328769.md","text":"https://secwatch.observer/filing/0001193125-25-328769.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1005210/000119312525328769/0001193125-25-328769-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1005210/000119312525328769/d23138d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:22:54.204516+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"193ce4607d646f736827cd03cd9648e1ea55acc0","claim":"SUBURBAN PROPANE PARTNERS LP incurred senior notes of $350,000,000 with The Bank of New York Mellon at 6.500% maturing 2035.","evidence_excerpt":"On December 22, 2025, Suburban Propane Partners, L.P. (“Suburban Propane”) and Suburban Energy Finance Corp. (together with Suburban Propane, “Suburban”) entered into an indenture (the “2035 Senior Notes Indenture”) with The Bank of New York Mellon, as trustee (the “Trustee”), in connection with the previously announced offering of $350,000,000 aggregate principal amount of Suburban’s 6.500% Senior Notes due 2035 (the “2035 Senior Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1005210/000119312525328769/0001193125-25-328769-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$350,000,000"},{"label":"Counterparty","value":"The Bank of New York Mellon"},{"label":"Rate","value":"6.500%"},{"label":"Maturity","value":"2035"},{"label":"Event","value":"incurrence"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}