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UGI Units to Purchase 2026 Notes; Launch Offering of $550 Million of 2030 Notes
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UGI Units to Purchase 2026 Notes; Launch Offering of $550 Million of 2030 Notes
May 26, 2025 10:54 AM

09:00 AM EDT, 05/20/2025 (MT Newswires) -- UGI (UGI) said Tuesday that its units, AmeriGas Partners and AmeriGas Finance, have launched an offer to purchase for cash any and all of their outstanding 5.875% senior notes maturing in 2026.

Notes validly tendered and not validly withdrawn at or before 5 p.m. New York City time on May 27 will be eligible to receive a purchase price of $1,010 per $1,000 principal amount of the notes tendered, the company said.

Tendered notes can only be withdrawn before 5 p.m., New York City time on May 27, UGI said.

The two UGI units have also launched a $550 million offering of senior notes maturing in 2030. The net proceeds, along with cash on hand and other sources of liquidity, will be used to redeem or repurchase the 2026 notes, UGI said in a separate statement.

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