Loan & DebtMay 13, 2026, 04:12 PM
UGI International Prices 300M Senior Notes Due 2031 at 5.000%
AI Summary
UGI International, an indirect wholly-owned subsidiary of UGI Corporation, priced a private offering of 300 million in 5.000% senior notes due 2031. The net proceeds are intended to repay short-term borrowings under its senior unsecured revolving credit facility and partially prepay its senior unsecured term loan facility. The remaining funds will be used for general corporate purposes and to cover fees and expenses related to the offering, which is expected to close around May 21, 2026.
Key Highlights
- UGI International priced an offering of 300,000,000 in 5.000% senior notes due 2031.
- The notes are being offered in a private offering exempt from registration requirements.
- Proceeds will repay short-term borrowings under UGI International's revolving credit facility.
- Funds will also partially prepay borrowings under UGI International's senior unsecured term loan facility.
- The closing of the offering is expected to occur on or about May 21, 2026.
Price Impact
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