---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-005860"
form_type: "8-K"
ticker: "UGI"
cik: "0000884614"
company_name: "UGI CORP /PA/"
filed_at: "2025-04-29T23:59:59+00:00"
generated_at: "2026-05-23T04:30:51.295082+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# UGI subsidiary Mountaineer Gas issues $70M of senior notes in private placement

## Summary
- Mountaineer Gas issued $50M of 6.11% Series F Notes due 2035 and $20M of 6.21% Series G Notes due 2037.
- Proceeds primarily to refinance indebtedness and for general corporate purposes.
- Notes are unsecured and unsubordinated, ranking pari passu with existing and future unsecured debt.
- Funding expected on or before May 30, 2025; interest payable semiannually June 1 and December 1.
- Covenants include total debt/total cap ≤0.65, EBITDA/interest ≥2.00x, and min tangible net worth $70M.

## SEC filing metadata
- accession: 0001558370-25-005860
- form_type: 8-K
- ticker: UGI
- cik: 0000884614
- company_name: UGI CORP /PA/
- filed_at: 2025-04-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884614/000155837025005860/0001558370-25-005860-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884614/000155837025005860/ugi-20250424x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-005860
- JSON: https://secwatch.observer/filing/0001558370-25-005860.json
- Plain text: https://secwatch.observer/filing/0001558370-25-005860.txt

## Key facts
- Debt Financings
  UGI CORP /PA/ incurred senior notes of $20 million aggregate principal amount of 6.21% Senior Notes, Series G at 6.21% maturing June 1, 2037.
  - Instrument: senior notes
  - Principal: $20 million aggregate principal amount of 6.21% Senior Notes, Series G
  - Rate: 6.21%
  - Maturity: June 1, 2037
  - Event: incurrence
  source text: On April 24, 2025, Mountaineer Gas Company (“Mountaineer”), a wholly owned subsidiary of UGI Corporation (the “Company”), entered into a Note Purchase Agreement (the “Note Purchase Agreement”) with certain persons relating to the private placement of $50 million aggregate principal amount of 6.11% Senior Notes, Series F, with a maturity date of June 1, 2035 (the “Series F Notes”) and $20 million aggregate principal amount of 6.21% Senior Notes, Series G, with a maturity date of June 1, 2037
  evidence_url: https://www.sec.gov/Archives/edgar/data/884614/000155837025005860/0001558370-25-005860-index.htm
- Debt Financings
  UGI CORP /PA/ incurred senior notes of $50 million aggregate principal amount of 6.11% Senior Notes, Series F at 6.11% maturing June 1, 2035.
  - Instrument: senior notes
  - Principal: $50 million aggregate principal amount of 6.11% Senior Notes, Series F
  - Rate: 6.11%
  - Maturity: June 1, 2035
  - Event: incurrence
  source text: On April 24, 2025, Mountaineer Gas Company (“Mountaineer”), a wholly owned subsidiary of UGI Corporation (the “Company”), entered into a Note Purchase Agreement (the “Note Purchase Agreement”) with certain persons relating to the private placement of $50 million aggregate principal amount of 6.11% Senior Notes, Series F, with a maturity date of June 1, 2035
  evidence_url: https://www.sec.gov/Archives/edgar/data/884614/000155837025005860/0001558370-25-005860-index.htm

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