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Get filing alertsUGI Energy Services amends term loan, sets interest at SOFR+2.00%
Filed July 7, 2026 · Period ending June 30, 2026 · ~1 min read
Key Changes
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UGI Energy Services amended its term loan credit agreement with HSBC, establishing interest rates of SOFR+2.00% for SOFR loans and 1.00% for base rate loans.
Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
Summary
UGI Energy Services, a wholly owned subsidiary of UGI Corporation, executed a fourth amendment to its term loan credit agreement with HSBC Bank USA on June 30, 2026. The amendment modifies the pricing terms of the existing credit facility, which was originally established in August 2019. The new interest rates are set at SOFR+2.00% per annum for SOFR-based loans and 1.00% per annum for base rate loans.
This is a routine refinancing transaction that adjusts the cost of borrowing for the subsidiary. The filing does not disclose the prior interest rates or the size of the term loan facility, so the financial impact on UGI's consolidated interest expense cannot be determined from this disclosure alone. For retail holders, this represents standard treasury management activity at the subsidiary level with no immediate operational implications.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 8, 2026 · How we verify