Latham & Watkins Advises Subsidiaries of UGI Corporation on US$500 Million Senior Notes Offering and Related Tender Offer

Latham & Watkins represented UGI Corporation (NYSE: UGI), a distributor and marketer of energy products and services, in connection with the high yield offering of US$500 million of senior notes due 2028 by certain of UGI’s AmeriGas subsidiaries (the issuers) and the related tender offer for the issuers’ outstanding senior notes due 2024. The notes offering and the tender offer closed on May 31, 2023.

The Latham capital markets team was led by Houston partners Ryan Maierson and Kevin Richardson and New York partner Michael Saliba, with associates Paul Rafla, Jie Lin Nai, and Christina Schrantz. Advice was also provided on banking matters by Houston partner Catherine Ozdogan and Houston counsel Bryce Kaufman; on tax matters by Houston partners Tim Fenn and Bryant Lee, with associate Molly Elkins; on benefits matters by New York partner Bradd Williamson, with associate Madeline Hong; and on environmental matters by Los Angeles/Houston partner Josh Marnitz.