SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
March 3, 2010
Date of Report (Date of earliest event reported)
INERGY, L.P.
(Exact name of Registrant as specified in its charter)
| Delaware | 0-32453 | 43-1918951 | ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification Number) |
Two Brush Creek Boulevard, Suite 200
Kansas City, MO 64112
(Address of principal executive offices)
(816) 842-8181
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| Item 3.01 | Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. |
(d) On March 3, 2010, an officer of the managing general partner of Inergy, L.P. (the “Partnership”), pursuant to authorization received from the Board of Directors of the managing general partner of the Partnership, informed the NASDAQ Stock Market LLC (“NASDAQ”) that the Partnership intends to transfer the listing of its common units representing limited partnership interests (the “Common Units”) from the NASDAQ to the New York Stock Exchange (“NYSE”). The Partnership anticipates that, subject to NYSE approval, its common units will begin trading on the NYSE under its current ticker “NRGY” on or about March 24, 2010. Until that time, the Partnership’s common units will continue to trade on the NASDAQ under the symbol “NRGY.”
| Item 7.01 | Regulation FD Disclosure. |
On March 3, 2010, the Partnership issued a press release announcing that it plans to transfer the listing of its Common Units to the NYSE where they will be listed under the same ticker symbol, “NRGY.” A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits |
(c) Exhibits.
| Exhibit |
Description | |
| 99.1 |
Press Release dated March 3, 2010 | |
2
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| INERGY, L.P. | ||||||
| By: | INERGY GP, LLC, | |||||
| Its Managing General Partner | ||||||
| Date: March 3, 2010 | By: | /S/ LAURA L. OZENBERGER | ||||
| Laura L. Ozenberger Sr. Vice President - General Counsel and Secretary | ||||||
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Exhibit 99.1
Inergy, L.P. Announces Plan to List on the New York Stock Exchange
Kansas City, MO (March 3, 2010) – Inergy, L.P. (Nasdaq:NRGY) announced today that it has filed an application to list its common units on the New York Stock Exchange (“NYSE”). The Partnership anticipates that its common units will begin trading on the NYSE under its current ticker “NRGY” on or about March 24, 2010. Until that time, the Partnership’s common units will continue to trade on the Nasdaq under the symbol “NRGY”.
“Inergy’s move to the NYSE positions us more closely with the energy industry and large cap MLP peers in our sector, and we believe our investors will benefit from increased trading liquidity and visibility,” said John Sherman, President and Chief Executive Officer. “We are excited to be partnering with the premier global equity securities exchange as we continue to grow our company and access capital markets in the future.”
In a separate application, Inergy Holdings, L.P. (Nasdaq:NRGP) also filed to list its common units on the NYSE under the ticker “NRGP”.
About Inergy, L.P. and Inergy Holdings, L.P.
Inergy, L.P., with headquarters in Kansas City, Mo., is among the fastest growing master limited partnerships in the country. The Company’s operations include the retail marketing, sale, and distribution of propane to residential, commercial, industrial, and agricultural customers. Today, Inergy serves nearly 800,000 retail customers from over 300 customer service centers throughout the United States. The Company also operates a natural gas storage business and a supply logistics, transportation, and wholesale marketing business that serves independent dealers and multi-state marketers in the United States and Canada.
Inergy Holdings, L.P.’s assets consist of its ownership interests in Inergy, L.P., including limited partnership interests, ownership of the general partners, and the incentive distribution rights.
This press release contains forward-looking statements, which are statements that are not historical in nature such as our expectation that our common units will be listed on the NYSE on or about March 24, 2010. Forward-looking statements are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or any underlying assumption proves incorrect, actual results may vary materially from those anticipated, estimated, or projected. The key factor that could cause actual results to differ materially from those referred to in the forward-looking statement is the outcome of regulatory review conducted by NYSE. These and other risks and assumptions are described in Inergy’s annual reports on Form 10-K and other reports that are available from the United States Securities and Exchange Commission.
Corporate news, unit prices, and additional information about Inergy, including reports from the United States Securities and Exchange Commission, are available on the Company’s website, www.inergylp.com. For more information, contact Mike Campbell in Inergy’s Investor Relations Department at 816-842-8181 or via e-mail at investorrelations@inergyservices.com.
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