Ferrellgas Partners LP no longer will talk publicly about how it will handle its heavy debt burden, suspending all conference calls with analysts and investors.
Overland Park-based Ferrellgas (NYSE: FGP) held $2.09 billion in debt on its books as of its fiscal third quarter, which ended April 30. It had $1.33 billion in assets. The company suspended all dividend payments, saying it needs to address its debt burden.
“As the company continues to evaluate options to address leverage, the company…
Ferrellgas Partners LP no longer will talk publicly about how it will handle its heavy debt burden, suspending all conference calls with analysts and investors.
Overland Park-based Ferrellgas (NYSE: FGP) held $2.09 billion in debt on its books as of its fiscal third quarter, which ended April 30. It had $1.33 billion in assets. The company suspended all dividend payments, saying it needs to address its debt burden.
“As the company continues to evaluate options to address leverage, the company…