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8-K filed October 25, 2023, 7:59 PM ET ticker UGI CIK 0000884614
debt confidence high sentiment neutral materiality 0.30

UGI Corp subsidiary amends receivables facility; extends term, increases limit to $200M

UGI CORP /PA/

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

UGI CORP /PA/ amended Receivables Purchase Agreement Amendment No. 24 with PNC Bank, National Association valued at Amendment extends Facility Termination Date to October 18, 2024; Purchase Limit set at $200,000,000 (effective 2023-10-20).

Action
amendment
Agreement
credit facility
Counterparty
PNC Bank, National Association
Value
Amendment extends Facility Termination Date to October 18, 2024; Purchase Limit set at $200,000,000
Effective
2023-10-20
Exact text from the filing
On October 20, 2023 (the “Effective Date”), UGI Energy Services, LLC (“UGIES”), a Pennsylvania limited liability company and an indirect, wholly owned subsidiary of UGI Corporation (the “Registrant”), and Energy Services Funding Corporation, a wholly owned special purpose subsidiary of UGIES (“ESFC”), entered into that certain Amendment No. 24 (the “Amendment”) to the Receivables Purchase Agreement, dated as of November 30, 2001 (as amended, supplemented or modified from time to time, the “RPA”), among UGIES, as servicer, ESFC, as seller, and PNC Bank, National Association, as issuer and administrator (“PNC”).
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UGI CORP /PA/ filing history →

Source: SEC EDGAR
accession 0000884614-23-000088
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