Ferrellgas, L.P. has entered into the Fourth Amendment to its Credit Agreement. This amendment adjusts the applicable margins for loans and modifies the undrawn fee rate for the lenders on the unused amount of the revolving credit facility. Additionally, the aggregate revolving commitment has been lowered. The Fourth Amendment also enables the company to provide collateral support for certain third-party surety providers via letters of credit in relation to an appeal pertaining to the Eddystone Litigation. Moreover, certain covenants have been modified to accommodate these changes.
Entities Mentioned: - Ferrellgas, L.P. - Ferrellgas Partners, L.P. - Ferrellgas Partners Finance Corp. - Ferrellgas, Inc. - Ferrellgas Finance Corp. - JPMorgan Chase Bank, N.A. - U.S. District Court for the Eastern District of Pennsylvania