XML 41 R26.htm IDEA: XBRL DOCUMENT v3.5.0.2
Accounts And Notes Receivable, Net And Accounts Receivable Securitization Accounts And Notes Receivable, Net Accounts Receivable Securitization (Maximum Leverage Ratio table) (Tables)
3 Months Ended 12 Months Ended
Oct. 31, 2016
Jul. 31, 2016
Schedule of Long-term Debt Instruments [Table Text Block]
On September 27, 2016, Ferrellgas entered into a fourth amendment to its accounts receivable securitization facility to modify the maximum leverage ratio covenant as follows:

 
 
Maximum leverage ratio
 
Maximum leverage ratio
Date
 
(prior to amendments)
 
(after amendments)
October 31, 2016
 
5.50

 
6.05

January 31, 2017
 
5.50

 
5.95

April 30, 2017
 
5.50

 
5.95

July 31, 2017
 
5.50

 
6.05

October 31, 2017
 
5.50

 
5.95

January 31, 2018
 
5.50

 
5.95

April 30, 2018 & thereafter
 
5.50

 
5.50


On September 27, 2016, Ferrellgas entered into a fifth amendment to our secured credit facility to modify the maximum leverage ratio covenant as follows:

 
 
Maximum leverage ratio
 
Maximum leverage ratio
Date
 
(prior to amendments)
 
(after amendments)
October 31, 2016
 
5.50

 
6.05

January 31, 2017
 
5.50

 
5.95

April 30, 2017
 
5.50

 
5.95

July 31, 2017
 
5.50

 
6.05

October 31, 2017
 
5.50

 
5.95

January 31, 2018
 
5.50

 
5.95

April 30, 2018 & thereafter
 
5.50

 
5.50

 
Ferrellgas, L.P. [Member]    
Schedule of Long-term Debt Instruments [Table Text Block]  
On September 27, 2016, Ferrellgas, L.P. entered into a fourth amendment to its accounts receivable securitization facility to modify the maximum leverage ratio covenant as follows:

 
 
Maximum leverage ratio
 
Maximum leverage ratio
Date
 
(prior to amendments)
 
(after amendments)
October 31, 2016
 
5.50

 
6.05

January 31, 2017
 
5.50

 
5.95

April 30, 2017
 
5.50

 
5.95

July 31, 2017
 
5.50

 
6.05

October 31, 2017
 
5.50

 
5.95

January 31, 2018
 
5.50

 
5.95

April 30, 2018 & thereafter
 
5.50

 
5.50

On September 27, 2016, Ferrellgas, L.P. entered into a fifth amendment to our secured credit facility to modify the maximum leverage ratio covenant as follows:

 
 
Maximum leverage ratio
 
Maximum leverage ratio
Date
 
(prior to amendments)
 
(after amendments)
October 31, 2016
 
5.50

 
6.05

January 31, 2017
 
5.50

 
5.95

April 30, 2017
 
5.50

 
5.95

July 31, 2017
 
5.50

 
6.05

October 31, 2017
 
5.50

 
5.95

January 31, 2018
 
5.50

 
5.95

April 30, 2018 & thereafter
 
5.50

 
5.50