Common Contracts
1 similar null contracts
Re: Restructuring of Ferrellgas Partners, L.P. and Ferrellgas Partners Finance Corp.December 21st, 2020
As you may be aware from our public filings, on December 10, 2020, Ferrellgas Partners, L.P. and Ferrellgas Partners Finance Corp. (collectively, the “Holdco Entities”) entered into a Transaction Support Agreement1 with approximately 75.84% of the holders (the “Consenting Noteholders”) of our 8.625% Senior Notes due 2020 (the “2020 Notes”). Pursuant to the Transaction Support Agreement, the Holdco Entities will engage in a consensual balance sheet restructuring (the “Restructuring”) of its outstanding indebtedness. The Restructuring will be effectuated pursuant to prepackaged joint chapter 11 cases to be filed no later than January 11, 2021 in the United States Bankruptcy Court for the District of Delaware. However, prior to filing the chapter 11 cases, we are providing you copies of the relevant materials so that you can submit your votes to accept or reject the proposed Restructuring. Specifically, enclosed or available at the website of the Holdco Entities’ Solicitation Agent, https
