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AI brief of an SEC Form 8-K · UGI (UGI)

UGI Adds $300 Million Senior Secured Revolving Loan Facility for Convertible Note Cash Payments

Neutral Impact 3 of 5 financing Written later

On August 6, 2025, UGI amended its October 2024 credit agreement with JPMorgan Chase Bank as agent to add a $300 million senior secured revolving facility. The facility can fund any cash consideration due if the 2028 Notes are converted, and it matures August 5, 2026, with an option for a one-year extension.

Key points

  • New $300 million senior secured revolving loan facility dated August 6, 2025
  • Borrowings bear floating rates; Term SOFR-based Applicable Rate ranges from 2.125% to 3.00%, depending on net leverage ratio
  • Facility matures August 5, 2026, with one-time one-year extension option; prepayable without premium or penalty
  • Loans secured by 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 SECAug 12, 2025, 4:30 PM ET
Accession number0001558370-25-011230

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

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 August 12, 2025.

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.