UGI unit Mountaineer Gas places $50 million of senior notes due 2038 and 2041
UGI Corporation's subsidiary Mountaineer Gas Company entered into a Note Purchase Agreement dated September 28, 2026, and funded $50 million of privately placed senior notes that day. Proceeds will be used primarily to refinance indebtedness and for general corporate purposes, and the filing describes the covenants and default terms that apply to the notes.
Key points
- Series H notes: $30 million at 5.95%, maturing September 28, 2038
- Series I notes: $20 million at 6.05%, maturing September 28, 2041
- Notes are unsecured, with semiannual interest payments due March 28 and September 28
- Covenants include a debt-to-capitalization ratio not above 0.65 to 1.00 and consolidated tangible net worth of at least $70 million
The filing
Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 02, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.