UGI International plans to redeem €350 million notes due 2025

By Marisa Wong

Los Angeles, Nov. 22 – UGI Corp. indirect wholly owned subsidiary UGI International, LLC intends to redeem its €350 million of senior notes due 2025 in full using proceeds from an offering of new notes.

The company announced on Monday that it plans to offer €400 million of new senior notes, remaining proceeds of which will be used for general corporate purposes or be distributed to the parent company.

UGI is a Valley Forge, Pa.-based distributor and marketer of energy products and services.

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