XML 93 R24.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Subsequent Events
12 Months Ended
Jul. 31, 2011
Subsequent Events

P. Subsequent events

 

Ferrellgas has evaluated events and transactions occurring after the balance sheet date through the date Ferrellgas' consolidated financial statements were issued, and concluded that, other than the events discussed below, there were no events or transactions occurring during this period that required recognition or disclosure in its financial statements.

 

During September 2011, Ferrellgas executed an amendment to its secured credit facility. This amendment changed the maturity of the secured credit facility to five years, extending the maturity date to September 2016. There was no change to the size of the facility which remains at $400.0 million with a letter of credit sublimit of $200.0 million. Borrowings on the secured credit facility will bear interest at rates ranging from 1.25% to 1.50% lower than the existing secured credit facility.

Ferrellgas Finance Corp. [Member]
 
Subsequent Events

D.

Subsequent events

 

The Finance Corp. has evaluated events and transactions occurring after the balance sheet date through the date the Finance Corp.'s consolidated financial statements were issued, and concluded that there were no events or transactions occurring during this period that required recognition or disclosure in its financial statements.

 

Ferrellgas, L.P. And Subsidiaries [Member]
 
Subsequent Events

O. Subsequent events

 

Ferrellgas, L.P. has evaluated events and transactions occurring after the balance sheet date through the date Ferrellgas, L.P.'s consolidated financial statements were issued, and concluded that, other than the events discussed below, there were no events or transactions occurring during this period that required recognition or disclosure in its financial statements.

 

During September 2011, Ferrellgas, L.P. executed an amendment to its secured credit facility. This amendment changed the maturity of the secured credit facility to five years, extending the maturity date to September 2016. There was no change to the size of the facility which remains at $400.0 million with a letter of credit sublimit of $200.0 million. Borrowings on the secured credit facility will bear interest at rates ranging from 1.25% to 1.50% lower than the existing secured credit facility.

Ferrellgas Partners Finance Corp. [Member]
 
Subsequent Events

D.

Subsequent events

 

The Finance Corp. has evaluated events and transactions occurring after the balance sheet date through the date the Finance Corp.'s consolidated financial statements were issued, and concluded that there were no events or transactions occurring during this period that required recognition or disclosure in its financial statements.