{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-008069","form_type":"8-K","ticker":"UGI","cik":"0000884614","company_name":"UGI CORP /PA/","filed_at":"2025-05-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.601239+00:00","generated_at":"2026-05-20T23:24:52.525360+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Mountaineer Gas (UGI sub) enters $150M revolver, replaces 2019 credit facility","bullets":["New $150M unsecured revolver with $20M LC sublimit; maturity May 16, 2030, extendable to 2032.","Interest at base rate or SOFR plus margin (0–1.25% base, 1–2.25% SOFR) depending on debt rating.","Financial covenants: max debt/capitalization 0.65x; min EBITDA/interest coverage 2.0x.","Proceeds to refinance existing debt, fund working capital, and for general corporate purposes.","No material subsidiaries have provided guarantees as of May 16, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-008069","json":"https://secwatch.observer/filing/0001558370-25-008069.json","markdown":"https://secwatch.observer/filing/0001558370-25-008069.md","text":"https://secwatch.observer/filing/0001558370-25-008069.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/884614/000155837025008069/0001558370-25-008069-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/884614/000155837025008069/ugi-20250516x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T23:24:52.525360+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bcec9f05f3bdd3dd70c594b8a39375e72419e565","claim":"UGI CORP /PA/ incurred revolving credit of $150 million with The Huntington National Bank, as administrative agent, and the lenders party thereto at adjusted term SOFR rate plus the applicable margin maturing May 16, 2030.","evidence_excerpt":"The Mountaineer Credit Agreement provides, among other things, that the lenders’ revolver commitment is $150 million.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/884614/000155837025008069/0001558370-25-008069-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$150 million"},{"label":"Counterparty","value":"The Huntington National Bank, as administrative agent, and the lenders party thereto"},{"label":"Rate","value":"adjusted term SOFR rate plus the applicable margin"},{"label":"Maturity","value":"May 16, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}