UGI Energy Services Extends Receivables Purchase Agreement With PNC Bank
UGI Corporation announced that its subsidiary, UGI Energy Services, LLC, along with its special purpose subsidiary Energy Services Funding Corporation, has entered into Amendment No. 26 to its existing Receivables Purchase Agreement with PNC Bank, National Association, and PNC Capital Markets LLC. The amendment, effective October 17, 2025, extends the facility termination date by one year to October 16, 2026, and modifies the settlement date to the 21st of each month, starting November 21, 2025. Under the agreement, UGI Energy Services continues to sell its trade accounts receivable to Energy Services Funding Corporation, which may in turn sell an undivided interest in these receivables to PNC, with the obligations secured by the underlying receivables and related security.
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: 0001104659-25-101545), on October 22, 2025, and is solely responsible for the information contained therein.
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