SEC Filing Summary: Suburban Propane Partners, L.P.
Business Context and Reporting Period
This Form 8-K was filed on January 25, 2007, by Suburban Propane Partners, L.P. The report serves as a Regulation FD disclosure and notification of other events regarding the declaration of the Fiscal 2007 First Quarter Distribution.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on the declaration of a distribution and related tax withholding requirements.
Material Changes
No material changes to financial performance or operations are detailed in this filing. The primary event is the announcement of the distribution declaration for the first quarter of Fiscal 2007.
Guidance, Outlook, and Other Events
- Distribution Declaration: The Partnership announced its Fiscal 2007 First Quarter Distribution Declaration via a press release furnished as Exhibit 99.1.
- Tax Withholding: In accordance with Treasury Regulation 1.1446-4(d), the Partnership notified nominees that they are responsible for withholding 35% of the fiscal 2007 first quarter distribution from foreign investors (nonresident aliens, foreign corporations, foreign trusts, and foreign estates) as required under Section 1446 of the Internal Revenue Code.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for the specific dollar amount per unit of the declared distribution.
- Confirm the record date and payment date for the distribution, which are not listed in the 8-K body text.
- Verify the impact of the 35% withholding requirement on foreign investor returns.