---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-009448"
form_type: "8-K"
ticker: "UGI"
cik: "0000884614"
company_name: "UGI CORP /PA/"
filed_at: "2025-07-23T23:59:59+00:00"
generated_at: "2026-05-18T03:57:41.529564+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# UGI Utilities issues $275M in senior notes at 5.10% and 5.68% via private placement

## Summary
- $150M Series A at 5.10% due Nov 15, 2030; $125M Series B at 5.68% due Nov 15, 2035.
- Notes are unsecured obligations of UGI Utilities, ranking pari passu with existing unsecured debt.
- Proceeds primarily to refinance indebtedness and for general corporate purposes.
- Funding expected on or before November 14, 2025; interest payable semiannually.
- Agreement includes financial covenant: total debt to total capitalization not to exceed 0.65:1.

## SEC filing metadata
- accession: 0001558370-25-009448
- form_type: 8-K
- ticker: UGI
- cik: 0000884614
- company_name: UGI CORP /PA/
- filed_at: 2025-07-23T23:59:59+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/884614/000155837025009448/0001558370-25-009448-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884614/000155837025009448/ugi-20250718x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-009448
- JSON: https://secwatch.observer/filing/0001558370-25-009448.json
- Plain text: https://secwatch.observer/filing/0001558370-25-009448.txt

## Key facts
- Debt Financings
  UGI CORP /PA/ incurred senior notes of $150 million aggregate principal amount with certain persons (the "Utilities Note Purchasers") at 5.10% maturing November 15, 2030.
  - Instrument: senior notes
  - Principal: $150 million aggregate principal amount
  - Counterparty: certain persons (the "Utilities Note Purchasers")
  - Rate: 5.10%
  - Maturity: November 15, 2030
  - Event: incurrence
  source text: On July 18, 2025, UGI Utilities, Inc. (“UGI Utilities”), a wholly owned subsidiary of UGI Corporation (the “Company”), entered into a Note Purchase Agreement (the “Utilities Note Purchase Agreement”) with certain persons (the “Utilities Note Purchasers”) relating to the private placement of $150 million aggregate principal amount of 5.10% Senior Notes, Series A, with a maturity date of November 15, 2030 (the “Series A Notes")
  evidence_url: https://www.sec.gov/Archives/edgar/data/884614/000155837025009448/0001558370-25-009448-index.htm
- Debt Financings
  UGI CORP /PA/ incurred senior notes of $125 million aggregate principal amount with certain persons (the "Utilities Note Purchasers") at 5.68% maturing November 15, 2035.
  - Instrument: senior notes
  - Principal: $125 million aggregate principal amount
  - Counterparty: certain persons (the "Utilities Note Purchasers")
  - Rate: 5.68%
  - Maturity: November 15, 2035
  - Event: incurrence
  source text: and $125 million aggregate principal amount of 5.68% Senior Notes, Series B, with a maturity date of November 15, 2035 (the “Series B Notes,” and together with the Series A Notes, the “Notes")
  evidence_url: https://www.sec.gov/Archives/edgar/data/884614/000155837025009448/0001558370-25-009448-index.htm

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