---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-113317"
form_type: "8-K"
ticker: "UGI"
cik: "0000884614"
company_name: "UGI CORP /PA/"
filed_at: "2026-10-02T20:30:37+00:00"
generated_at: "2026-10-12T14:39:19.048369+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# UGI unit Mountaineer Gas issues $50M private placement: $30M 5.95% notes due 2038, $20M 6.05% notes due 2041

## Summary
- Mountaineer Gas, an indirect UGI subsidiary, privately placed $30M of 5.95% Series H senior notes due Sept. 28, 2038 and $20M of 6.05% Series I notes due Sept. 28, 2041.
- Funding occurred Sept. 28, 2026; pricing on June 30, 2026; interest payable semiannually each March 28 and Sept. 28; notes are unsecured and pari passu with Mountaineer's existing unsecured debt.
- Proceeds used primarily to refinance indebtedness and for general corporate purposes, per the Note Purchase Agreement dated Sept. 28, 2026.
- Covenants include total debt/total capitalization <=0.65:1.00; EBITDA/interest >=2.00:1.00; tangible net worth >=$70M; asset sales <=15% of consolidated total assets.
- Change-of-control put at 100% principal plus accrued interest if UGI ceases to majority-own Mountaineer; callable at make-whole before maturity, at par after June 30, 2038/2041.

## SEC filing metadata
- accession: 0001104659-26-113317
- form_type: 8-K
- ticker: UGI
- cik: 0000884614
- company_name: UGI CORP /PA/
- filed_at: 2026-10-02T20:30:37+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884614/000110465926113317/0001104659-26-113317-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884614/000110465926113317/ugi-20260928x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-113317
- JSON: https://secwatch.observer/filing/0001104659-26-113317.json
- Plain text: https://secwatch.observer/filing/0001104659-26-113317.txt

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