AI brief of an SEC Form 8-K · UGI (UGI)
UGI amends credit agreement, raising revolving commitments to $700 million
UGI Corporation entered into a Second Amendment to its Credit Agreement on October 28, 2026, raising its revolving commitments from $475 million to $700 million and extending maturities to March 31, 2030. The amendment also adds a new $300 million senior secured revolving loan facility, which can be used to fund cash consideration due on a conversion of the 2028 Notes.
Key points
- Existing revolving commitments increased from $475 million to $700 million
- Revolving and term loan maturities extended to March 31, 2030, with a springing maturity 91 days before the 2028 Notes mature if more than $210 million of those notes remain outstanding
- New $300 million senior secured revolving loan facility, with a June 30, 2027 maturity subject to a one-time one-year extension
- Loans are secured by a pledge of equity in Material Subsidiaries, excluding UGI Utilities, Inc. and Mountaintop Energy Holdings LLC
The filing
CompanyUGI (UGI)
Form8-K, current report
Filed with the SECNov 2, 2026, 4:30 PM ET
Accession number0001104659-26-121354
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
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.