UGI CORP /PA/ (UGI) Form 8-K — Aug 17, 2026
On August 11, 2026, UGI Utilities, Inc., a wholly owned subsidiary of UGI Corporation, entered into a Note Purchase Agreement for the private placement of $125 million aggregate principal amount of 5.45% Senior Notes maturing August 15, 2031, with funding completed the same day. The notes are unsecured, unsubordinated obligations ranking pari passu with UGI Utilities' existing unsecured debt, with interest payable semiannually. Proceeds will be used primarily to refinance indebtedness and for general corporate purposes; pricing occurred on July 23, 2026.
Key figures
- Debt Amount
- 125000000
- Interest Rate
- 5.45
- Maturity Date
- August 15, 2031
- Funding Date
- 2026-08-11
- Pricing Date
- 2026-07-23
- Purchase Price
- 100% of principal amount
- Asset Sale Limit
- 15% of consolidated total assets in any 12-month period
- Leverage Covenant Max
- 0.65 to 1.00 total debt to total capitalization as of end of any fiscal quarter
- Interest Payment Dates
- Semiannually on August 15 and February 15
- Priority Debt Ratio Cap
- 10% of consolidated total assets
- Change Of Control Put Threshold
- UGI Corporation must retain 51% or more of voting power and economic interests in UGI Utilities
Price after filing
Close on the filing date to close N calendar days later (from $35.09). Historical, not a forecast.
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