Brief: UGI Corp Says UGI Utilities Entered Into Unsecured, Revolving Credit Agreement On Nov 9

UGI

15/11/2023 22:09

Nov 15 (Reuters) - UGI Corp  UGI.N :
    * UGI CORP - ON NOV 9, UGI UTILITIES, INC. ENTERED INTO
UNSECURED,
REVOLVING CREDIT AGREEMENT
    * UGI CORP - UNDER AGREEMENT, LENDERS HAVE COMMITTED TO
PROVIDE
REVOLVING LOANS TO UGI UTILITIES IN AN AGGREGATE AMOUNT OF $375
MILLION
    * UGI CORP -  CREDIT AGREEMENT HAS A TERMINATION DATE OF
NOVEMBER
8, 2024
    * UGI CORP - TERMINATION MAY BE EXTENDED TO NOVEMBER 9,
2028, IF,
UNIT SATISFIES REQUIREMENTS RELATING TO APPROVAL OF CREDIT
AGREEMENT
    * UGI CORP - WITH ENTERING INTO CREDIT AGREEMENT, UGI
UTILITIES
TERMINATED EXISTING $425 MILLION REVOLVING CREDIT AGREEMENT
DATED AS OF JUNE 27, 2019

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