UGI Corp. (UGI) Announces Proposed Equity Units Offering
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UGI Announces Proposed Equity Units Offering
May 17, 2021 7:42 AM EDTVALLEY FORGE, Pa.--(BUSINESS WIRE)-- UGI Corporation (NYSE: UGI) announced today its intention to offer, subject to market and other conditions, 2,000,000 equity units (the units) in a public offering registered under the Securities Act of 1933, as amended. UGI also expects to grant the underwriters of the units a 30-day option to purchase up to an additional 200,000 units solely to cover over-allotments. UGI intends to use the net proceeds from the offering to pay a portion of the purchase price of its previously announced pending acquisition of Mountaineer Gas Company, and related fees and... More
