UGI Corporation Subsidiary Secures $275 Million in Senior Notes for Refinancing and Corporate Growth

Reuters
07/24
UGI Corporation Subsidiary Secures $275 Million in Senior Notes for Refinancing and Corporate Growth

UGI Corporation's subsidiary, UGI Utilities, Inc., has successfully entered into a significant financial agreement on July 18, 2025, securing a substantial private placement of $275 million through a Note Purchase Agreement. This involves $150 million in 5.10% Senior Notes, Series A, maturing on November 15, 2030, and $125 million in 5.68% Senior Notes, Series B, maturing on November 15, 2035. The private placement is exempt from registration under the Securities Act of 1933, with funding expected by November 14, 2025. Interest on these unsecured and unsubordinated notes will be paid semiannually. Proceeds will primarily refinance existing debt and support general corporate purposes. The agreement includes standard default clauses and offers flexibility for early repayment under certain conditions. This strategic move demonstrates UGI's ongoing commitment to optimizing its financial structure and maintaining operational efficiency.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UGI Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001558370-25-009448), on July 23, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10