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UGI CORP /PA/
UGI Corporation's subsidiary, UGI Energy Services, LLC, entered into Amendment No. 27 to its Receivables Purchase Agreement with PNC Bank, extending the facility termination date from October 16, 2026, to October 15, 2027. This amendment ensures the continued operation of the company's existing trade accounts receivable financing facility.…more
UGI CORP /PA/
UGI Corporation's subsidiary, Mountaineer Gas Company, has completed a private placement of $50 million in senior notes. The issuance consists of $30 million in 5.95% Series H notes due in 2038 and $20 million in 6.05% Series I notes due in 2041, with proceeds primarily intended for debt refinancing and general corporate purposes.…more
UGI CORP /PA/
On August 11, 2026, UGI Utilities, a subsidiary of UGI Corporation, completed the issuance of $125 million in 5.45% Senior Notes due August 15, 2031. The proceeds from this private placement will be primarily utilized for refinancing existing indebtedness and for general corporate purposes.…more
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KKR Makes $9 Billion Takeover Bid for UGI
Global private equity firm KKR has offered to acquire natural gas and electricity distributor UGI for $42.50 per share. This $9 billion bid could lead to significant stock price volatility depending on the outcome of potential negotiations.…more
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Global investment firm KKR has made a $9 billion takeover bid for natural gas and electricity distributor UGI. UGI's shares have remained stagnant over the past year, and investors are watching to see if this proposal leads to a definitive agreement.…more
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