UGI entered into a Fourth Amendment to its subsidiary UGI Energy Services’ Term Loan Credit Agreement to refine pricing terms. The amendment sets the Applicable Rate at 2.00% per annum for SOFR loans and 1.00% per annum for base rate loans. The changes are expected to support refinancing objectives and provide clearer, potentially more favorable borrowing costs under the facility.
Agreement details:
- Agreement type: Fourth Amendment to Term Loan Credit Agreement
- Counterparty: HSBC Bank USA, as administrative agent, and the lenders
- Signed / Effective: Jun 30 2026 / same
- Duration / Termination: N/A
- Reason: Refinance term loan and reset interest margins
Original SEC Filing:
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