UGI Corporation Enhances Debt Tender Offer Terms
Company Announcements

UGI Corporation Enhances Debt Tender Offer Terms

An update from UGI (UGI) is now available.

AmeriGas Partners and AmeriGas Finance Corp., subsidiaries of UGI Corporation, have announced the early tender results for their cash tender offer for 5.500% Senior Notes due 2025, increasing the maximum purchase amount from $450 million to $475 million. The offer, expiring on the early tender deadline with a large response, will see the notes purchased on a pro-rata basis. The company will settle payments for accepted notes by June 27, 2024, and no further notes will be accepted post-deadline. This move underscores the company’s proactive financial management and is critical news for stakeholders and potential investors.

Learn more about UGI stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyUGI Corporation price target raised to $27 from $26 at Wells Fargo
TipRanks Auto-Generated NewsdeskUGI Appoints Robert Flexon as New CEO
TheFlyUGI Corporation names Robert Flexon CEO
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App