secwatch.observer — SEC 8-K summary
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Issuer:     UGI CORP /PA/ (UGI)
CIK:        0000884614
Form:       8-K
Filed at:   2025-08-12T23:59:59+00:00
Accession:  0001558370-25-011230
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/884614/000155837025011230/0001558370-25-011230-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/884614/000155837025011230/ugi-20250806x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-011230

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