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Commitment
9 Months Ended
Apr. 30, 2011
Ferrellgas Finance Corp. [Member]
 
Commitment

B.   Commitment

 

During November, 2010, the Partnership issued $500.0 million in aggregate principal amount of new 6.50% senior notes due 2021 at an offering price equal to par. Net proceeds were used to redeem all of its $450.0 million 6.75% fixed rate senior notes due 2014, to fund the related $11.1 million make-whole payments and to pay $2.4 million of accrued interest. The remaining proceeds were used to reduce outstanding indebtedness under the secured credit facility. The Finance Corp. serves as co-issuer and co-obligor for the senior notes.

Ferrellgas Partners Finance Corp. [Member]
 
Commitment

B.   Commitment

 

During March 2011, the Partnership redeemed $98.0 million of its $280.0 million 8.625% fixed rate senior notes due 2020, paid an $8.4 million make-whole payment and paid $2.4 million of accrued interest. The Finance Corp. serves as co-issuer and co-obligor for the senior notes.