---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-069203"
form_type: "8-K"
ticker: "UGI"
cik: "0000884614"
company_name: "UGI CORP /PA/"
filed_at: "2024-06-07T23:59:59+00:00"
generated_at: "2026-06-01T05:45:55.834559+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# UGI Corp. prices upsized $610M 5% convertible notes due 2028, conversion at $27.60

## Summary
- Offering increased from $600M to $610M; initial purchasers have option for additional $90M.
- Notes bear 5.00% interest, mature June 1, 2028; settlement expected June 11, 2024.
- Initial conversion rate 36.2319 shares per $1,000 principal, representing a ~20% premium over $23.00 close.
- Net proceeds ~$593M ($680.9M if full option exercised); used to refinance existing debt and for general corporate purposes.

## SEC filing metadata
- accession: 0001104659-24-069203
- form_type: 8-K
- ticker: UGI
- cik: 0000884614
- company_name: UGI CORP /PA/
- filed_at: 2024-06-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884614/000110465924069203/0001104659-24-069203-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884614/000110465924069203/tm2416498d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-069203
- JSON: https://secwatch.observer/filing/0001104659-24-069203.json
- Plain text: https://secwatch.observer/filing/0001104659-24-069203.txt

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