APU AmeriGas Partners LP

Item 1.01 Entry into a Material Definitive Agreement.

On December 15, 2017, AmeriGas Propane, L.P. (the "Operating Partnership"), a Delaware limited partnership and the operating partnership of AmeriGas Partners, L.P. (the "Partnership"), entered into a Second Amended and Restated Credit Agreement (the "Credit Agreement"), by and among the Operating Partnership, as Borrower, AmeriGas Propane, Inc. (the "General Partner"), the general partner of the Partnership and the Operating Partnership, as a Guarantor thereunder, Wells Fargo Bank, National Association, as Administrative Agent, Swingline Lender, and Issuing Lender, Wells Fargo Securities, LLC, as Sole Lead Arranger and Sole Bookrunner, Credit Suisse, AG, Cayman Islands Branch, JPMorgan Chase Bank, N.A., Citizens Bank of Pennsylvania, PNC Bank, National Association, Branch Banking and Trust Company, Citibank, N.A., The Bank of New York Mellon, Bank of America, N.A., Manufacturers and Traders Trust Company, BNP Paribas, TD Bank, N.A., and the other financial institutions from time to time party thereto (the "Lenders"). All capitalized terms used but not otherwise defined herein shall have the meanings given to them in the Credit Agreement.

The Credit Agreement amends and restates an Amended and Restated Credit Agreement that the Operating Partnership, as Borrower, the General Partner, as the Guarantor thereunder, and certain of the Lenders previously entered into on June 18, 2014, as amended from time to time (the "Existing Credit Agreement"). The terms of the Existing Credit Agreement were described in the Partnership’s Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on June 24, 2014.

Among other things, the Credit Agreement (i) excludes surety bonds from the definition of Consolidated Total Indebtedness, (ii) increases the Revolving Credit Commitment to $600 million from $525 million, (iii) increases the L/C Commitment to $150 million from $125 million, (iv) increases the maximum permitted Consolidated MLP Total Leverage Ratio to 5.75 to 1.00, (v) amends the definition of Applicable Margin with respect to Loans, such that, if Consolidated MLP Total Leverage Ratio is greater than 5.25 to 1.00, Loans are either priced at 2.75% over LIBOR or 1.75% over Base Rate, (vi) extends the Revolving Credit Maturity Date to December 15, 2022 from June 18, 2019, (vii) provides that all leases that would have been treated as operating leases under GAAP prior to the issuance of the February 26, 2016 ASU by the FASB shall continue to be accounted as operating leases for purposes of all financial definitions and calculations under the Credit Agreement notwithstanding the change in GAAP, and (viii) increases the basket of unsecured Indebtedness of the Partnership owing to the General Partner or an Affiliate of the General Partner to $200 million from $100 million.

A copy of the Credit Agreement is attached as Exhibit 10.1 and is incorporated herein by reference. The foregoing description of the Credit Agreement does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Credit Agreement.