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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.