UGI CORP /PA/ 8-K

What Happened
UGI Corporation disclosed on July 7, 2026 that its wholly owned subsidiary, UGI Energy Services, LLC, entered into the Fourth Amendment to its Term Loan Credit Agreement on June 30, 2026. The amendment, among other things, sets the Applicable Rate for the term loan at 2.00% per annum for SOFR loans and 1.00% per annum for base-rate loans. HSBC Bank USA, N.A. serves as administrative agent and as the 2026 Refinancing Term Lender for the amended facility. The full amendment is filed as Exhibit 10.1 to the 8-K.

Key Details

• Amendment date: June 30, 2026; 8-K filed July 7, 2026.
• Interest rates set by the amendment: 2.00% per year for SOFR loans; 1.00% per year for base-rate loans.
• Parties: UGI Energy Services, guarantors, HSBC Bank USA, N.A. (administrative agent and 2026 Refinancing Term Lender) and the other lenders.
• The amendment modifies the Term Loan Credit Agreement originally dated August 13, 2019 and is reported as a material definitive agreement; Item 2.03 notes the creation/modification of a direct financial obligation.

Why It Matters
This amendment changes the borrowing cost on UGI Energy Services’ term loan, which can affect the subsidiary’s interest expense and UGI Corporation’s consolidated cash interest outflows. For investors, lower or higher applicable rates directly influence profitability and cash flow; the change is material because it modifies a definitive credit agreement and the company’s debt terms. Review Exhibit 10.1 in the 8-K for full terms and any other provisions that could affect collateral, covenants or repayment schedules.