---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-011230"
form_type: "8-K"
ticker: "UGI"
cik: "0000884614"
company_name: "UGI CORP /PA/"
filed_at: "2025-08-12T23:59:59+00:00"
generated_at: "2026-05-17T15:03:27.254236+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# UGI enters $300M secured revolver to finance 2028 Notes conversion

## Summary
- $300M senior secured revolving credit facility amended into existing credit agreement.
- Facility matures Aug 5, 2026 with one-year extension if loans convert to non-revolving term loans.
- Interest rates: Term SOFR + 2.125%-3.00% or ABR + 1.125%-2.00%, based on net leverage.
- Secured by pledge of equity in Material Subsidiaries (excl. UGI Utilities and Mountaintop Energy).
- Available solely to fund cash consideration due upon conversion of the 5.00% 2028 Notes.

## SEC filing metadata
- accession: 0001558370-25-011230
- form_type: 8-K
- ticker: UGI
- cik: 0000884614
- company_name: UGI CORP /PA/
- filed_at: 2025-08-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884614/000155837025011230/0001558370-25-011230-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884614/000155837025011230/ugi-20250806x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-011230
- JSON: https://secwatch.observer/filing/0001558370-25-011230.json
- Plain text: https://secwatch.observer/filing/0001558370-25-011230.txt

## Key facts
- Debt Financings
  UGI CORP /PA/ incurred revolving credit of $300 million with JPMorgan Chase Bank, N.A., as administrative agent at Term SOFR, plus the Applicable Rate plus a credit spread adjustment of 0.10%, or maturing August 5, 2026.
  - Instrument: revolving credit
  - Principal: $300 million
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent
  - Rate: Term SOFR, plus the Applicable Rate plus a credit spread adjustment of 0.10%, or
  - Maturity: August 5, 2026
  - Event: incurrence
  source text: The Amendment provides for a new $300 million senior secured revolving loan facility (the “First Amendment Revolving Credit Facility”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/884614/000155837025011230/0001558370-25-011230-index.htm

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