UGI subsidiary prices €300M senior notes at 5.000% to refinance debt

Filed May 13, 2026 · Period ending May 13, 2026 · ~1 min read

Key Changes

• high

  UGI International priced €300 million of 5.000% senior notes due 2031 in a private offering, expected to close May 21, 2026. Proceeds will repay revolving credit facility borrowings and partially prepay term loan debt.

  Item 8.01 verify on EDGAR →
• medium

  Part of the proceeds will repay credit facility borrowings tied to a dividend UGI paid to its AmeriGas subsidiary. AmeriGas may repay an intercompany loan to UGI International, though the offering isn't contingent on this repayment.

  Item 8.01 verify on EDGAR →
• low

  If AmeriGas doesn't fully repay its intercompany loan to UGI International, the subsidiary would reduce planned paydowns of its revolving credit facility or term loan accordingly.

  Item 8.01 verify on EDGAR →