UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (d) OF THE
SECURITIES AND EXCHANGE ACT OF 1934
Date of earliest event reported: November 8, 1999
Date of report: November 17, 1999
SUBURBAN PROPANE PARTNERS, L.P.
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(Exact name of registrant as specified in its charter)
DELAWARE 1-14222 22-3410353
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(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File No.) Identification No.)
240 ROUTE 10 WEST, WHIPPANY, NJ 07981
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(Address of principal executive office) (Zip Code)
(973) 887-5300
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(Registrant's telephone number, including area code)
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On November 8, 1999, Suburban Propane Partners, L.P. ("Suburban"), consummated
its previously announced purchase of the assets of SCANA Propane Gas, Inc.,
SCANA Propane Storage, Inc., SCANA Propane Supply, Inc., USA Cylinder Exchange,
Inc., and C&T Pipeline, LLC from SCANA Corporation for $86 million plus working
capital. SCANA Propane Gas, Inc. distributes approximately 20 million gallons
annually and services more than 40,000 customers from 22 customer service
centers in North and South Carolina. USA Cylinder Exchange, Inc. operates an
automated 20-lb. propane cylinder refurbishing and refill center in Hartsville,
South Carolina, selling to approximately 1,600 grocery and convenience stores in
the Carolinas, Georgia and Tennessee. SCANA Propane Storage, Inc. owns a 60
million gallon storage cavern in Tirzah, South Carolina which is connected to
the Dixie Pipeline by the 62 mile propane pipeline owned by C&T Pipeline, LLC.
Suburban has obtained the funds for the acquisition from a new $175 million
Revolving Credit Agreement with a syndicate of banks led by First Union National
Bank as administrative agent.
SIGNATURES
PURSUANT TO THE REQUIREMENTS OF THE SECURITIES ACT OF 1934, THE REGISTRANT HAS
DULY CAUSED THIS REPORT TO BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED THEREUNTO
DULY AUTHORIZED:
SUBURBAN PROPANE PARTNERS, L.P.
DATE: NOVEMBER 17, 1999 BY: /S/ ANTHONY M. SIMONOWICZ
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ANTHONY M. SIMONOWICZ
VICE PRESIDENT, CHIEF FINANCIAL
OFFICER
BY: /S/ EDWARD J. GRABOWIECKI
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EDWARD J. GRABOWIECKI
VICE PRESIDENT, CHIEF ACCOUNTING
OFFICER