UNITED STATES
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
Date of report (Date of earliest event reported) June 6, 2002
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STAR GAS PARTNERS, L.P.
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(Exact name of registrant as specified in its charter)
Delaware 33-98490 06-1437793
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
2187 Atlantic Street, Stamford, CT 06902
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (203) 328-7300
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Not Applicable
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(Former name or former address, if changed since last report.)
Item 5. Other Events
Star Gas Partners, L.P., a Delaware partnership (the "Reporting Person"), is
filing pursuant to this Form 8-K the following historical press release:
CONTACT:
Richard F. Ambury Robert L. Rinderman, Catherine DiTuri
Treasurer Jaffoni & Collins Incorporated
203/328-7300 212/835-8500 or SGU@jcir.com
FOR IMMEDIATE RELEASE
FITCH UPDATES RATING OF STAR GAS DEBT
STAMFORD, CT (June 6, 2002) -- Star Gas Partners, L.P. (the "Partnership")
(NYSE: SGU, SGH), a diversified energy distributor and services provider -
specializing in heating oil, propane, natural gas and electricity, announced
today that Fitch Rating Service has reaffirmed its (BBB) rating on the First
Mortgage Notes issued by Star's subsidiary Star Gas Propane. At the same time,
Fitch has placed on rating watch negative its (BBB) rating of the Senior Secured
Notes of Star's subsidiary, Petro.
Star Gas Partners, L.P., is a leading distributor of home heating oil, propane
and deregulated natural gas and electricity. Star is the nation's largest retail
distributor of home heating oil and the nation's seventh largest retail propane
distributor. Star owns an 80.0% controlling interest in Total Gas & Electric,
which sells natural gas and electricity in the Northeast and Mid-Atlantic.
This news announcement contains certain forward-looking information that is
subject to certain risks and uncertainties as indicated from time to time in the
Partnership's 10-K, 10-Q, 8-K and other filings with the Securities and Exchange
Commission. Included risks and uncertainties are the effects of the weather on
the Partnership's financial results, competitive and propane and heating oil
pricing pressures and other factors impacting the propane, home heating oil,
natural gas and electricity distribution industries.
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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.
Star Gas Partners, L.P.
By: Star Gas LLC (General Partner)
Signature Title Date
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Chairman of the Board and Chief June 6, 2002
Executive Officer
/s/ Irik P. Sevin Star Gas LLC
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By: Irik P. Sevin (Principal Executive Officer)