UGI Corp Enters Material Definitive Agreement

Ticker: UGI · Form: 8-K · Filed: Aug 12, 2025 · CIK: 884614

Ugi CORP /Pa/ 8-K Filing Summary
FieldDetail
CompanyUgi CORP /Pa/ (UGI)
Form Type8-K
Filed DateAug 12, 2025
Risk Levelmedium
Pages3
Reading Time4 min
Key Dollar Amounts$300 million
Sentimentneutral

Sentiment: neutral

Topics: material-agreement, financial-obligation

TL;DR

UGI Corp just signed a big deal, creating a new financial obligation.

AI Summary

On August 6, 2025, UGI Corporation entered into a material definitive agreement, creating a direct financial obligation. The filing details this new financial commitment for the company, which is incorporated in Pennsylvania and has its principal executive offices in King of Prussia.

Why It Matters

This filing indicates a new financial commitment for UGI Corporation, which could impact its financial obligations and future operations.

Risk Assessment

Risk Level: medium — Entering into new material definitive agreements and financial obligations can introduce new risks related to the terms of the agreement and the company's ability to meet those obligations.

Key Players & Entities

FAQ

What is the nature of the material definitive agreement entered into by UGI Corporation?

The filing states that UGI Corporation entered into a material definitive agreement, which also constitutes the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement of a registrant. Specific details of the agreement are not provided in this summary.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on August 6, 2025.

Where are UGI Corporation's principal executive offices located?

UGI Corporation's principal executive offices are located at 500 North Gulph Road, King of Prussia, PA 19406.

In which state is UGI Corporation incorporated?

UGI Corporation is incorporated in Pennsylvania.

What is the SEC file number for UGI Corporation?

The SEC file number for UGI Corporation is 001-11071.

Filing Stats: 922 words · 4 min read · ~3 pages · Grade level 11.7 · Accepted 2025-08-12 16:30:50

Key Financial Figures

Filing Documents

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement. On August 6, 2025, UGI Corporation (the "Company") entered into that certain First Amendment to Credit Agreement (the "Amendment") by and among the Company, the lenders party thereto from time to time and JPMorgan Chase Bank, N.A., as administrative agent (the "Agent"), which amended the Credit Agreement, dated as of October 11, 2024 by and among the Company, the lenders party thereto from time to time and the Agent (as amended, the "Credit Agreement"). The Amendment provides for a new $300 million senior secured revolving loan facility (the "First Amendment Revolving Credit Facility"). The First Amendment Revolving Credit Facility is available to finance any cash consideration due in connection with a conversion of the 2028 Notes (as defined in the Credit Agreement). At the Company's election from time to time, borrowings under the First Amendment Revolving Credit Facility will bear interest at a floating rate of, at the option of the Company, either (x) Term SOFR, plus the Applicable Rate (each as defined in the Credit Agreement) plus a credit spread adjustment of 0.10%, or (y) the Alternate Base Rate (as defined in the Credit Agreement), plus the Applicable Rate. The Applicable Rate for loans based on Term SOFR ranges from 2.125% to 3.00% and, for Alternate Base Rate Loans, the Applicable Rate ranges from 1.125% to 2.00%, in each case, depending on the net leverage ratio of the Company. The First Amendment Revolving Credit Facility has a maturity date of August 5, 2026, subject to a one-time, one year extension if, at the Company's option, the Company elects to convert the entire principal balance of the First Amendment Revolving Loans (as defined in the Credit Agreement) into non-revolving First Amendment Term Loans (as defined in the Credit Agreement). The Company may voluntarily prepay its borrowings under the First Amendment Revolving Credit Facility, in whole or in part, without any premium or pena

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit Number: Description 10.1 First Amendment to Credit Agreement, dated as of August 6, 2025, by and among UGI Corporation, as borrower, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent. 104 Cover Page Interactive Data File (formatted as inline XBRL).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. UGI Corporation August 12, 2025 By: /s/ Jessica A. Milner Name: Jessica A. Milner Title: Secretary

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