debt
confidence high
sentiment positive
materiality 0.55
UGI subsidiaries price $500M of 6.875% senior notes due 2031
UGI CORP /PA/
- Offering of $500M aggregate principal amount of 6.875% senior unsecured notes due 2031.
- Expected closing on or about May 20, 2026, subject to customary conditions.
- Proceeds to repurchase existing 5.750% notes due 2027 and up to $175M of 9.375% notes due 2028.
- Proceeds also repay $150M intercompany loan from UGI International and pay fees.
- Notes offered in private placement under Rule 144A and Regulation S.