secwatch.observer — SEC 8-K summary
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Issuer:     UGI CORP /PA/ (UGI)
CIK:        0000884614
Form:       8-K
Filed at:   2025-04-29T23:59:59+00:00
Accession:  0001558370-25-005860
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/884614/000155837025005860/0001558370-25-005860-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/884614/000155837025005860/ugi-20250424x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-005860

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