debt
confidence high
sentiment neutral
materiality 0.50
AmeriGas Partners tenders $553M of 5.875% Senior Notes due 2026 (83.3% of outstanding)
UGI CORP /PA/
- $553,275,000 principal tendered, representing 83.3% of outstanding 2026 Notes (CUSIP 030981 AJ3).
- Total consideration of $1,010 per $1,000 principal plus accrued interest to settlement date.
- Settlement expected May 30, 2025, subject to completion of debt financing conditions.
- Offerors issued conditional notice to redeem any remaining notes not purchased in tender.
- BofA Securities served as dealer manager; D.F. King & Co. as information agent.
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