debt
confidence high
sentiment neutral
materiality 0.50
UGI International prices €300M 5.000% senior notes due 2031
UGI CORP /PA/
- €300 million aggregate principal, 5.000% coupon, due 2031; closing expected May 21, 2026.
- Notes guaranteed by certain UGI International subsidiaries, not by UGI Corporation.
- Net proceeds to repay Revolving Credit Facility borrowings, partially prepay Term Loan, and cover fees.
- Proceeds also linked to a dividend to UGI Corp contributed to AmeriGas for intercompany loan repayment.
- Offering exempt from SEC registration; sold to QIBs and non-U.S. persons under Rule 144A/Reg S.