Suburban Propane Partners LP Files 8-K with Material Agreements
Ticker: SPH · Form: 8-K · Filed: Mar 18, 2024 · CIK: 1005210
| Field | Detail |
|---|---|
| Company | Suburban Propane Partners LP (SPH) |
| Form Type | 8-K |
| Filed Date | Mar 18, 2024 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $500 million, $850 million, $500 m, $350 million, $187.9 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation, regulation-fd
Related Tickers: SPH
TL;DR
SPH filed an 8-K detailing new material agreements and obligations.
AI Summary
On March 15, 2024, Suburban Propane Partners, L.P. entered into a material definitive agreement and terminated another. The company also created a direct financial obligation and is subject to Regulation FD disclosure. The filing includes financial statements and exhibits.
Why It Matters
This 8-K filing indicates significant changes in Suburban Propane Partners' contractual and financial obligations, which could impact its operational structure and financial health.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements and financial obligations, which inherently carry risks that could affect the company's performance.
Key Players & Entities
- Suburban Propane Partners, L.P. (company) — Registrant
- March 15, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 07981 (zip_code) — Business and mail address zip code
FAQ
What specific material definitive agreement was entered into by Suburban Propane Partners, L.P. on March 15, 2024?
The filing indicates the entry into a material definitive agreement, but the specific details of this agreement are not provided in the provided text.
What material definitive agreement was terminated by Suburban Propane Partners, L.P. on March 15, 2024?
The filing states that a material definitive agreement was terminated, but the specific details of this terminated agreement are not included in the provided text.
What is the nature of the direct financial obligation created by Suburban Propane Partners, L.P. as reported in this 8-K?
The filing mentions the creation of a direct financial obligation, but the specific nature and terms of this obligation are not detailed in the provided text.
What is the Commission File Number for Suburban Propane Partners, L.P.?
The Commission File Number for Suburban Propane Partners, L.P. is 001-14222.
What is the principal executive office address for Suburban Propane Partners, L.P.?
The principal executive office address for Suburban Propane Partners, L.P. is 240 Route 10 West, Whippany, New Jersey 07981.
Filing Stats: 1,488 words · 6 min read · ~5 pages · Grade level 11.5 · Accepted 2024-03-18 09:12:02
Key Financial Figures
- $500 million — . The Credit Agreement provides for a $500 million revolving credit facility to the Operat
- $850 million — he Credit Agreement may be increased to $850 million and may be in the form of Incremental T
- $500 m — ided for a Revolving Credit Facility of $500 million, plus increases of the Revolving
- $350 million — or Incremental Term Facilities of up to $350 million. At the time of the execution of the Cr
- $187.9 million — under the Existing Credit Agreement of $187.9 million under the Revolving Credit Facility, wh
Filing Documents
- d747502d8k.htm (8-K) — 33KB
- d747502dex101.htm (EX-10.1) — 911KB
- d747502dex991.htm (EX-99.1) — 8KB
- g747502g0314162904735.jpg (GRAPHIC) — 7KB
- 0001193125-24-069719.txt ( ) — 1303KB
- sph-20240315.xsd (EX-101.SCH) — 3KB
- sph-20240315_lab.xml (EX-101.LAB) — 17KB
- sph-20240315_pre.xml (EX-101.PRE) — 11KB
- d747502d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description of Exhibit 10.1 Fourth Amended and Restated Credit Agreement among Suburban Propane, L.P., Suburban Propane Partners, L.P. and Bank of America, N.A., as Administrative Agent, and the Lenders party thereto, dated March 15, 2024. 99.1 Press Release of Suburban Propane Partners, L.P. dated March 18, 2024. 104 Cover Page Interactive File (the cover page tags are embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SUBURBAN PROPANE PARTNERS, L.P. By: /s/ Bryon Koepke Name: Bryon Koepke Title: Vice President, General Counsel & Secretary Date: March 18, 2024