debt
confidence high
sentiment neutral
materiality 0.50
UGI subsidiary AmeriGas tenders $468.5M of 5.750% Notes due 2027, 91.51% tendered
UGI CORP /PA/
- Aggregate $468,471,000 principal amount tendered (91.51% of 2027 Notes) as of May 15, 2026 expiration.
- Settlement expected May 20, 2026; consideration $1,011.18 per $1,000 principal plus accrued interest.
- Tender subject to conditions including successful debt financing, redemption of remaining notes, and repayment of $150M intercompany loan.
- Conditional notice of full redemption issued for any 2027 Notes not purchased in tender offer.
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