On September 28, 2026, Mountaineer Gas Company, an indirect wholly owned subsidiary of UGI Corporation, entered into a Note Purchase Agreement for the private placement of $50 million in aggregate principal amount of senior notes. The issuance includes $30 million of 5.95% Senior Notes, Series H, maturing September 28, 2038, and $20 million of 6.05% Senior Notes, Series I, maturing September 28, 2041. Funding occurred on the agreement date, with semiannual interest payments due March 28 and September 28 each year. The unsecured notes rank pari passu with existing indebtedness and carry restrictive covenants, including a maximum total debt to total capitalization ratio of 0.65 to 1.00 and minimum consolidated tangible net worth of $70 million. Proceeds are primarily for refinancing indebtedness and general corporate purposes. UGI Corporation operates in the energy sector, providing natural gas distribution and related services.
