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UGI (UGI) has provided an update.
AmeriGas Partners and AmeriGas Finance Corp., subsidiaries of UGI Corporation, have launched a cash tender offer to purchase up to $450 million of their 5.500% Senior Notes due in 2025. The offer, which will run until July 11, 2024, is subject to certain conditions and will include accrued interest for noteholders. This move is part of the company’s broader financial strategy, and while essential details are provided in the offer documents, the announcement itself isn’t a solicitation to purchase.
Learn more about UGI stock on TipRanks’ Stock Analysis page.