secwatch.observer — SEC 8-K summary
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Issuer:     UGI CORP /PA/ (UGI)
CIK:        0000884614
Form:       8-K
Filed at:   2023-02-28T23:59:59+00:00
Accession:  0000884614-23-000031
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UGI Energy Services adds $124.5M incremental term loans, extends maturity to 2030
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- Term loan commitments increased by $124.5M; total outstanding loans become $800M.
- Maturity extended to February 22, 2030; LIBOR replaced with Term SOFR.
- Interest rate: Term SOFR + 3.25% or base rate + 2.25% per annum.
- Proceeds used to repay revolving credit and receivables facility, plus general corporate purposes.
- Amendment also refinances $191.5M of existing term loans via cashless roll.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/884614/000088461423000031/0000884614-23-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/884614/000088461423000031/ugi-20230223.htm
  HTML page:      https://secwatch.observer/filing/0000884614-23-000031

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