Kathleen Shea Ballay departed as General Counsel and Chief Legal Officer at UGI CORP /PA/.
“UGI Corporation (the “Company”) announced today that Kathleen Shea Ballay, the Company’s General Counsel and Chief Legal Officer, intends to resign, effective July 3, 2026.”
Material Agreements
UGI CORP /PA/ terminated 2027 Notes valued at $468,471,000 in aggregate principal amount (effective 2026-05-20).
“On May 20, 2026, the Issuers accepted for purchase (and purchased) the 2027 Notes validly tendered as of the expiration for a total consideration of $1,011.18 for each $1,000 principal amount of the 2027 Notes tendered, plus accrued and unpaid interest up to, but excluding, May 20, 2026.”
Material Agreements
UGI CORP /PA/ entered into 2031 Notes Indenture with U.S. Bank Trust Company, National Association valued at $500.0 million aggregate principal amount (effective 2026-05-20).
“On May 20, 2026, AmeriGas Partners, L.P. (“AmeriGas Partners”) and AmeriGas Finance Corp. (“Finance Corp.” and, together with AmeriGas Partners, the “Issuers”), indirect, wholly owned subsidiaries of UGI Corporation (the “Company”), issued $500.0 million aggregate principal amount of their 6.875% senior unsecured notes due 2031 (the “2031 Notes” and the offering of the 2031 Notes, the “Offering”).”
Debt Financings
UGI CORP /PA/ incurred senior notes of $500.0 million aggregate principal amount with U.S. Bank Trust Company, National Association at 6.875% maturing due 2031.
“On May 20, 2026, AmeriGas Partners, L.P. (“AmeriGas Partners”) and AmeriGas Finance Corp. (“Finance Corp.” and, together with AmeriGas Partners, the “Issuers”), indirect, wholly owned subsidiaries of UGI Corporation (the “Company”), issued $500.0 million aggregate principal amount of their 6.875% senior unsecured notes due 2031 (the “2031 Notes” and the offering of the 2031 Notes, the “Offering”).”
Debt Financings
UGI CORP /PA/ incurred senior notes of €300,000,000 with Qualified institutional buyers and non-U.S. persons at 5.000% maturing due 2031.
“Senior Notes Issued by UGI International, LLC On May 21, 2026, UGI International, LLC (“UGI International”), a wholly owned subsidiary of UGI Corporation (the “Company”), issued €300,000,000 in aggregate principal amount of its 5.000% senior notes due 2031 (the “Notes”).”
Earnings Releases
UGI CORP /PA/ reported the fiscal quarter ended March 31, 2026 results: EPS GAAP diluted earnings per share ("EPS") of $2.33 and adjusted diluted EPS of $2.09. Guidance lowered.
“On May 6, 2026, UGI Corporation (the “Company”) issued a press release announcing financial results for the Company for the fiscal quarter ended March 31, 2026.”
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.
“The Amendment provides for a new $300 million senior secured revolving loan facility (the “First Amendment Revolving Credit Facility”).”
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.
“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")”
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.
“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")”
Debt Financings
UGI CORP /PA/ incurred senior notes of $550.0 million aggregate principal amount with U.S. Bank Trust Company, National Association at 9.500% maturing due 2030.
“On May 30, 2025, AmeriGas Partners, L.P. (“AmeriGas Partners”) and AmeriGas Finance Corp. (“Finance Corp.” and, together with AmeriGas Partners, the “Issuers”), indirect, wholly owned subsidiaries of UGI Corporation (the “Company”), issued $550.0 million aggregate principal amount of their 9.500% senior unsecured notes due 2030 (the “2030 Notes” and the offering of the 2030 Notes, the “Offering”).”
Debt Financings
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.
“The Mountaineer Credit Agreement provides, among other things, that the lenders’ revolver commitment is $150 million.”
Debt Financings
UGI CORP /PA/ incurred senior notes of $20 million aggregate principal amount of 6.21% Senior Notes, Series G at 6.21% maturing June 1, 2037.
“On April 24, 2025, Mountaineer Gas Company (“Mountaineer”), a wholly owned subsidiary of UGI Corporation (the “Company”), entered into a Note Purchase Agreement (the “Note Purchase Agreement”) with certain persons relating to the private placement of $50 million aggregate principal amount of 6.11% Senior Notes, Series F, with a maturity date of June 1, 2035 (the “Series F Notes”) and $20 million aggregate principal amount of 6.21% Senior Notes, Series G, with a maturity date of June 1, 2037”
Debt Financings
UGI CORP /PA/ incurred senior notes of $50 million aggregate principal amount of 6.11% Senior Notes, Series F at 6.11% maturing June 1, 2035.
“On April 24, 2025, Mountaineer Gas Company (“Mountaineer”), a wholly owned subsidiary of UGI Corporation (the “Company”), entered into a Note Purchase Agreement (the “Note Purchase Agreement”) with certain persons relating to the private placement of $50 million aggregate principal amount of 6.11% Senior Notes, Series F, with a maturity date of June 1, 2035”
Auditor Changes
UGI CORP /PA/ engaged KPMG LLP as its auditor.
“on October 23, 2024, the Audit Committee approved the appointment of KPMG LLP ("KPMG") as the Company’s new independent registered public accounting firm for the fiscal year ending September 30, 2025 and the dismissal of EY.”
Auditor Changes
UGI CORP /PA/ dismissed Ernst & Young LLP as its auditor.
“on October 23, 2024, the Audit Committee approved the appointment of KPMG LLP ("KPMG") as the Company’s new independent registered public accounting firm for the fiscal year ending September 30, 2025 and the dismissal of EY.”
Alan Harris departed as Presiding Director at UGI CORP /PA/.
“Alan Harris will cease serving as the Board’s Presiding Director, effective November 1, 2024.”
Mario Longhi departed as Interim President and Chief Executive Officer at UGI CORP /PA/.
“Mario Longhi will cease serving as Interim President and Chief Executive Officer, effective November 1, 2024.”
Robert Flexon was appointed as Member of the Board of Directors at UGI CORP /PA/.
“Mr. Flexon will be appointed as a member of the Board, effective November 1, 2024.”
Robert Flexon was appointed as President and Chief Executive Officer at UGI CORP /PA/.
“appointed Robert Flexon as President and Chief Executive Officer, effective November 1, 2024.”
David Bingenheimer was appointed as Director at UGI CORP /PA/.
“On September 25, 2024, the Board of Directors of UGI Corporation (the “Company”) appointed Melanie Ruiz and David Bingenheimer to serve as Directors of the Company, effective November 1, 2024.”
Melanie Ruiz was appointed as Director at UGI CORP /PA/.
“On September 25, 2024, the Board of Directors of UGI Corporation (the “Company”) appointed Melanie Ruiz and David Bingenheimer to serve as Directors of the Company, effective November 1, 2024.”
Tina Faraca was appointed as Director at UGI CORP /PA/.
“Effective August 7, 2024, the Board of Directors of UGI Corporation (the “Company”) appointed Tina Faraca to serve as Director of the Company.”
Robert F. Beard departed as Chief Operations Officer at UGI CORP /PA/.
“On August 7, 2024, UGI Corporation (the “Company”) announced that Robert F. Beard intends to retire from his position as Chief Operations Officer of the Company on December 31, 2024.”
Judy Zagorski departed as Chief Human Resources Officer at UGI CORP /PA/.
“Ms. Judy Zagorski will leave the Company on July 1, 2024.”
Material Agreements
UGI CORP /PA/ entered into Fourth Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, PNC Bank, National Association, as syndication agent, Citizens Bank, N.A., MUFG Bank Ltd. and Wells Fargo Bank, National Association, as co-documentation agents, JPMorgan Chase Bank, N.A., Citizens Bank, N.A., MUFG Bank Ltd., PNC Capital Markets LL valued at $300 million senior secured revolving credit facility (effective 2024-05-14).
“On May 14, 2024 (the “Effective Date”), UGI Energy Services, LLC (“UGIES”), a Pennsylvania limited liability company and an indirect, wholly owned subsidiary of UGI Corporation, entered into that certain Fourth Amended and Restated Credit Agreement (the “Revolving Credit Agreement”), by and among UGIES, JPMorgan Chase Bank, N.A., as administrative agent, PNC Bank, National Association, as syndication agent, Citizens Bank, N.A., MUFG Bank Ltd. and Wells Fargo Bank, National Association, as co-documentation agents, JPMorgan Chase Bank, N.A., Citizens Bank, N.A., MUFG Bank Ltd., PNC Capital Markets LLC and Wells Fargo Bank, National Association, as joint bookrunners and joint lead arrangers and the financial institutions from time to time party thereto as lenders (collectively, the “Lenders”).”
Cindy Miller resigned as Director at UGI CORP /PA/.
“On March 25, 2024, Ms. Cindy Miller, who has been a director of UGI Corporation (the “Company”) since 2020, informed the Company of her decision to resign from the Company’s Board of Directors (the “Board”).”
Earnings Releases
UGI CORP /PA/ reported the fiscal quarter ended December 31, 2023 results: EPS Q1 GAAP diluted EPS of $0.44 and adjusted diluted EPS of $1.20.
“On January 31, 2024, UGI Corporation (the “Company”) issued a press release announcing financial results for the Company for the fiscal quarter ended December 31, 2023.”
Shareholder Votes
UGI CORP /PA/ shareholders approved Ratification of the appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal year 2024 at the 2024-01-26 meeting.
“The shareholders (i) elected all eight nominees to the Board of Directors, (ii) adopted a resolution approving the Company’s executive compensation, and (iii) ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for fiscal year 2024.”
Shareholder Votes
UGI CORP /PA/ shareholders approved Advisory vote on the resolution to approve the Company's executive compensation at the 2024-01-26 meeting.
“The shareholders (i) elected all eight nominees to the Board of Directors, (ii) adopted a resolution approving the Company’s executive compensation, and (iii) ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for fiscal year 2024.”
Shareholder Votes
UGI CORP /PA/ shareholders approved Election of Directors at the 2024-01-26 meeting.
“The shareholders (i) elected all eight nominees to the Board of Directors, (ii) adopted a resolution approving the Company’s executive compensation, and (iii) ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for fiscal year 2024.”
Mario Longhi was appointed as Interim President and Chief Executive Officer at UGI CORP /PA/.
“the Board appointed Mario Longhi as Interim President and Chief Executive Officer (the “Interim President and CEO”), effective as of December 12, 2023.”
Roger Perreault departed as President and Chief Executive Officer at UGI CORP /PA/.
“Roger Perreault will cease to serve in his position as President and Chief Executive Officer of the Company and as a member of the Board of Directors (the “Board”) (and all committees thereof) of the Company, effective December 12, 2023.”
Debt Financings
UGI CORP /PA/ incurred senior notes of $75 million aggregate principal amount of 6.40% Senior Notes, Series C with certain persons (the "Utilities Note Purchasers") at 6.40% maturing November 30, 2053.
“$75 million aggregate principal amount of 6.40% Senior Notes, Series C, with a maturity date of November 30, 2053”
Debt Financings
UGI CORP /PA/ incurred senior notes of $150 million aggregate principal amount of 6.10% Senior Notes, Series B with certain persons (the "Utilities Note Purchasers") at 6.10% maturing November 30, 2033.
“$150 million aggregate principal amount of 6.10% Senior Notes, Series B, with a maturity date of November 30, 2033”
Debt Financings
UGI CORP /PA/ incurred senior notes of $25 million aggregate principal amount of 6.02% Senior Notes, Series A with certain persons (the "Utilities Note Purchasers") at 6.02% maturing November 30, 2030.
“On November 30, 2023, 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 $25 million aggregate principal amount of 6.02% Senior Notes, Series A, with a maturity date of November 30, 2030”
Material Agreements
UGI CORP /PA/ entered into Utilities Note Purchase Agreement with certain persons (the "Utilities Note Purchasers") valued at $25 million aggregate principal amount of 6.02% Senior Notes, Series A, $150 million aggregate princ (effective 2023-11-30).
“On November 30, 2023, 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 $25 million aggregate principal amount of 6.02% Senior Notes, Series A, with a maturity date of November 30, 2030 (the “Series A Notes”), $150 million aggregate principal amount of 6.10% Senior Notes, Series B, with a maturity date of November 30, 2033 (the “Series B Notes”), and $75 million aggregate principal amount of 6.40% Senior Notes, Series C, with a maturity date of November 30, 2053 (the “Series C Notes,” and together with the Series A Notes and the Series B Notes, the “Notes”).”
Debt Financings
UGI CORP /PA/ amended revolving credit of reduced to $400 million from $600 million with Wells Fargo Bank, National Association.
“The Amendment provides that (a) the revolving loan commitments under the AmeriGas Credit Agreement are reduced to $400 million from $600 million”
Material Agreements
UGI CORP /PA/ amended First Amendment to Credit Agreement with Wells Fargo Bank, National Association, as administrative agent valued at $400 million (effective 2023-11-15).
“(the “Borrower”), a Delaware limited partnership and an indirect, wholly owned subsidiary of UGI Corporation, entered into a First Amendment to Credit Agreement (the “Amendment”), by and among the Borrower, AmeriGas Propane, Inc., a Pennsylvania corporation (the “Parent”), the Lenders party thereto and Wells Fargo Bank, National Association, as administrative agent (the “Agent”), which amended the Credit Agreement, dated as of September 28, 2022, by and among the Borrower, the Parent, the lenders party thereto from time to time (the “Lenders”), and the Agent (as amended, the “AmeriGas Credit Agreement”).”
Earnings Releases
UGI CORP /PA/ reported the fiscal year ending September 30, 2024 results: EPS adjusted diluted EPS guidance range of $2.70 - $3.00. Guidance initiated.
“UGI provides an adjusted EPS guidance range of $2.70 - $3.00 2 per diluted share for the fiscal year ending September 30, 2024.”
Earnings Releases
UGI CORP /PA/ reported the fiscal year ended September 30, 2023 results: net income GAAP net loss of $(1,502) million and adjusted net income of $613 million, EPS GAAP diluted (loss) earnings per share ("EPS") of $(7.16) and adjusted diluted EPS of $2.84. Guidance initiated.
“UGI Corporation (NYSE: UGI) reported financial results for the fiscal year ended September 30, 2023 and provided guidance for fiscal year 2024.”
Debt Financings
UGI CORP /PA/ incurred revolving credit of $375 million with PNC Bank, National Association, as administrative agent, and the other financial institutions from time to time parties thereto at SOFR plus 1.0% (Base Rate Advances) or Term SOFR plus Applicable Margin (0.875% maturing November 8, 2024.
“Under and subject to the terms and conditions of the Credit Agreement, the Lenders have committed to provide revolving loans to UGI Utilities in an aggregate amount of $375 million, including a letter of credit subfacility of up to $50 million and swing line advances of up to $37.5 million. In addition, UGI Utilities may request an increase in the amount”
Material Agreements
UGI CORP /PA/ terminated Existing Credit Agreement with PNC Bank, National Association valued at $425 million (effective 2023-11-09).
“On November 9, 2023, UGI Utilities terminated without penalty its Existing Credit Agreement, as described in Item 1.01 above.”
Material Agreements
UGI CORP /PA/ entered into Credit Agreement with PNC Bank, National Association valued at $375 million (effective 2023-11-09).
“On November 9, 2023, UGI Utilities, Inc. (“UGI Utilities”), a wholly owned subsidiary of UGI Corporation, entered into an unsecured, revolving Credit Agreement (the “Credit Agreement”) among UGI Utilities, as borrower, PNC Bank, National Association, as administrative agent, the other financial institutions from time to time parties thereto (collectively, the “Lenders”) and the other parties party thereto from time to time.”
Material Agreements
UGI CORP /PA/ amended Receivables Purchase Agreement Amendment No. 24 with PNC Bank, National Association valued at Amendment extends Facility Termination Date to October 18, 2024; Purchase Limit set at $200,000,000 (effective 2023-10-20).
“On October 20, 2023 (the “Effective Date”), UGI Energy Services, LLC (“UGIES”), a Pennsylvania limited liability company and an indirect, wholly owned subsidiary of UGI Corporation (the “Registrant”), and Energy Services Funding Corporation, a wholly owned special purpose subsidiary of UGIES (“ESFC”), entered into that certain Amendment No. 24 (the “Amendment”) to the Receivables Purchase Agreement, dated as of November 30, 2001 (as amended, supplemented or modified from time to time, the “RPA”), among UGIES, as servicer, ESFC, as seller, and PNC Bank, National Association, as issuer and administrator (“PNC”).”
Mario Longhi was appointed as Chair of the Board at UGI CORP /PA/.
“Mario Longhi, age 69, has been nominated to succeed Mr. Hermance as Chair of the Board following the Annual Meeting of Shareholders.”
Frank S. Hermance departed as Chair of the Board at UGI CORP /PA/.
“On September 27, 2023, Frank S. Hermance, age 74, informed UGI Corporation (the “Company”) of his intention to retire from the Company’s Board of Directors, effective as of the Annual Meeting of Shareholders to be held in January 2024”
Material Agreements
UGI CORP /PA/ amended Third Amendment to the Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A. (effective 2023-09-20).
“On September 20, 2023, UGI Corporation (the “Company”) entered into that certain Third Amendment to the Amended and Restated Credit Agreement (the “UGI Amendment”), by and among the Company, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent”
Santiago Seage was appointed as Director at UGI CORP /PA/.
“On September 7, 2023, the Board of Directors of UGI Corporation (the “Company”) appointed Santiago Seage, age 54, to serve as Director of the Company, effective September 18, 2023.”
Earnings Releases
UGI CORP /PA/ reported the fiscal quarter ended June 30, 2023 results: EPS $(3.76). Guidance reaffirmed.
“UGI Corporation (NYSE: UGI) today reported financial results for the fiscal quarter ended June 30, 2023. HEADLINES • Q3 GAAP diluted earnings per share ("EPS") of $(3.76)”
Debt Financings
UGI CORP /PA/ incurred senior notes of $500.0 million aggregate principal amount with U.S. Bank Trust Company, National Association at 9.375% maturing 2028.
“On May 31, 2023, AmeriGas Partners, L.P. (“AmeriGas Partners”) and AmeriGas Finance Corp. (“Finance Corp.” and, together with AmeriGas Partners, the “Issuers”), the indirect, wholly owned subsidiaries of UGI Corporation (the “Company”), issued $500.0 million aggregate principal amount of their 9.375% senior unsecured notes due 2028 (the “2028 Notes” and the offering of the 2028 Notes, the “Offering”).”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.