debt
confidence high
sentiment neutral
materiality 0.55
AmeriGas issues $550M 9.5% senior notes due 2030 to refinance 2026 notes
UGI CORP /PA/
- $550M aggregate principal, 9.500% coupon, semi-annual interest starting Dec 1, 2025, maturity 2030.
- Net proceeds used to repurchase/ redeem all outstanding 5.875% Senior Notes due 2026.
- Issuers are AmeriGas Partners and AmeriGas Finance Corp., indirect wholly owned subsidiaries of UGI Corp.
- Notes are senior unsecured joint & several obligations with make-whole call protection and change-of-control put at 101%.
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