---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-068944"
form_type: "8-K"
ticker: "UGI"
cik: "0000884614"
company_name: "UGI CORP /PA/"
filed_at: "2024-06-06T23:59:59+00:00"
generated_at: "2026-06-01T06:07:17.881905+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# UGI Corp. proposes $600M convertible note offering due 2028

## Summary
- Intends to offer $600M aggregate principal of convertible senior notes due 2028; underwriters option for extra $90M.
- Notes are senior unsecured, pay interest semi-annually, mature June 1, 2028, convertible into cash and possibly shares.
- Net proceeds to refinance existing debt, including UGI senior credit facility, and for general corporate purposes.
- Interest rate, initial conversion rate, and other terms to be determined at pricing.
- Offering is private to QIBs under Rule 144A; notes not registered under Securities Act.

## SEC filing metadata
- accession: 0001104659-24-068944
- form_type: 8-K
- ticker: UGI
- cik: 0000884614
- company_name: UGI CORP /PA/
- filed_at: 2024-06-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884614/000110465924068944/0001104659-24-068944-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884614/000110465924068944/tm2416498d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-068944
- JSON: https://secwatch.observer/filing/0001104659-24-068944.json
- Plain text: https://secwatch.observer/filing/0001104659-24-068944.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.