debt
confidence high
sentiment neutral
materiality 0.55
UGI unit AmeriGas launches up to $450M cash tender offer for 5.5% Senior Notes due 2025
UGI CORP /PA/
- Offer to purchase up to $450M aggregate principal of 5.500% Senior Notes due 2025.
- Early tender price of $1,005 per $1,000 principal (includes $50 early payment); later price $955.
- Early tender deadline: June 25, 2024 at 5 p.m. NYC time; expiration: July 11, 2024.
- Holders also receive accrued and unpaid interest to settlement date.
- BNP Paribas Securities Corp. serving as dealer manager; D.F. King & Co., Inc. as information agent.