AmeriGas Partners, L.P. and AmeriGas Finance Corp. Announce Early Results and Upsize of Previously Announced Cash Tender Offer.
AmeriGas Partners, L.P. and AmeriGas Finance Corp. Announce Early Results and Upsize of Previously Announced Cash Tender Offer.
VALLEY FORGE, Pa.--(BUSINESS WIRE)--Jun. 26, 2024-- UGI Corporation (NYSE: UGI) (the "Company") announced today the early tender results for the previously announced cash tender offer (the "Offer") by its subsidiaries, AmeriGas Partners, L.P. ("AmeriGas Partners") and AmeriGas Finance Corp. (together with AmeriGas Partners, the "Offerors") for the Offerors' 5.500% Senior Notes due 2025 (the "Notes"). In connection with the foregoing, the Offerors are also increasing the maximum aggregate principal amount of the Notes that they will accept for purchase from the previously announced amount of $450,000,000 to $475,000,000 (as amended herein, the "Tender Cap").
美國瓦利福奇--(商業電訊)--2024年6月26日--UGI公司(NYSE: UGI) (以下簡稱“公司”)今日宣佈，其附屬公司AmeriGas Partners, L.P.和AmeriGas Finance Corp.(合稱“要約人”)針對要約人的5.500%到期於2025年的優先票據(以下簡稱“票據”)先前宣佈的現金要約(以下簡稱“要約”)的早期認購結果。在此之前，要約人還將最大的票據最高可購買額度從先前宣佈的4.5億美元增加到4.75億美元(在此修正的基礎上，稱爲“認購上限”)。
The Offer is being made upon the terms and subject to the conditions set forth in the Offer to Purchase, dated June 11, 2024 (as amended herein, the "Offer to Purchase"). The Company refers investors to the Offer to Purchase for the complete terms and conditions of the Offer. Except as specifically amended in this press release, all other terms of the Offer as previously announced in the Offer to Purchase remain unchanged.
本要約是根據所附的要約出售書及其修正版本(以下簡稱“要約出售書”)的條款和條件作出的。公司將投資者引薦要約出售書以了解要約的完整條款和條件。除非在本新聞稿中作出具體的修改，否則要約出售書先前宣佈的所有其他條款，均保持不變。
As of the previously announced early tender date and time of 5:00 p.m., New York City time, on June 25, 2024 (the "Early Tender Deadline"), according to information provided by D.F. King & Co., Inc., the information and tender agent for the Offer, the aggregate principal amount of the Notes as set forth in the table below under "Principal Amount Tendered at Early Tender Deadline" has been validly tendered and not validly withdrawn. Withdrawal rights expired at 5:00 p.m., New York City time, on the Early Tender Deadline.
根據要約代理商D.F. King & Co.，Inc.提供的信息，截至2024年6月25日紐約時間下午5:00前的早期認購日期和時間，在下表中列出的票據的總本金金額在“早期認購截止期限下認購的本金金額”下已被有效認購且未被有效撤回。權利撤回於早期認購截止日期下午5:00紐約時間到期。
| Title of Security | CUSIP No. | Principal Amount Outstanding | Principal Amount Tendered at Early Tender Deadline | Aggregate Principal Amount Accepted for Purchase |
| 5.500% Senior Notes due 2025 | 030981AK0 | $693,067,000 | $632,586,000 | $475,000,000 |
| 證券名稱 | CUSIP編號 | 未償本金額 | 早期認購截止期限下認購的本金金額 | 認購的本金金額 |
| 5.500%到期於2025年的優先票據 | 030981AK0 | $693,067,000 | $632,586,000 | $475,000,000 |
The Offerors have elected to exercise their right to make payment for the Notes that were validly tendered prior to or at the Early Tender Deadline and that are accepted for purchase on June 27, 2024 (the "Initial Settlement Date").
要約人已選擇行使其權利，在2024年6月27日(“初始結算日期”)對於在早期認購期限前或早期認購期限內有效認購且被認可的票據進行支付。
The acceptance of tendered Notes was made in accordance with the Offer terms as described in the Offer to Purchase. As the aggregate principal amount of the Notes validly tendered and not validly withdrawn as of the Early Tender Deadline exceeds the Tender Cap, any such tendered Notes will be accepted on a pro rata basis as set forth in the Offer to Purchase, subject to a proration factor of approximately 75.17%. As described further in the Offer to Purchase, any Notes tendered and not accepted for purchase will be promptly credited to the tendering holder's account. Since the Offer for the Notes is fully subscribed at the Early Tender Deadline, the Offerors will not accept for purchase any Notes tendered after the Early Tender Deadline.
認購的票據的接受是根據要約出售書中所述要約條款進行的。由於到早期認購截止日撤回的票據的總本金金額超過了認購上限，因此任何此類認購的票據將按比例分配，比例因子約爲75.17%。根據要約出售書的另一進一步說明，任何被認購但未被接受購買的票據將立即計入投標人的帳户。由於票據的要約已經在早期認購截止日期當天完全訂滿，要約人將不接受任何早期認購截止日期後認購的票據。
Information Relating to the Offer
與要約有關的信息
BNP Paribas Securities Corp. is the dealer manager for the Offer. Questions regarding the Offer should be directed to BNP Paribas Securities Corp. by calling collect at (212) 841-3059 or toll free at (888) 210-4358. Requests for copies of the Offer to Purchase and related documents should be directed to D.F. King & Co., Inc., the information and tender agent for the Offer, at (800) 207-3159 (toll free) or 212-269-5550.
法國巴黎銀行證券公司是本要約的經紀人經理。有關本要約的問題，請致電法國巴黎銀行證券公司收費電話(212) 841-3059或免費電話(888) 210-4358。要求獲得要約出售書和相關文件的副本，請致電信息和招標代理要約D.F. King & Co.，Inc.，電話爲(800) 207-3159(免費)或212-269-5550。
The Offer is being made solely by means of the Offer to Purchase. This press release shall not constitute an offer to purchase or a solicitation of an offer to purchase any securities, nor shall it constitute an offer, solicitation or sale of any securities in any state or jurisdiction in which, or to any persons to whom, such offering, solicitation or sale would be unlawful.
本要約僅經由要約出售書的方式進行。本新聞稿不構成要約購買或要約購買證券的招攬，也不構成在任何國家或地區，向任何人士發出此類招攬購買證券的招攬或銷售。
Cautionary Statements:
注意事項：
This press release contains "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, Section 27A of the Securities Act of 1933, as amended, and the U.S. Private Securities Litigation Reform Act of 1995, including statements regarding the Offerors' intention to purchase any Notes. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. All forward-looking statements speak only as of the date of this press release and are based on current expectations and involve a number of assumptions, risks, and uncertainties that could cause the actual results to differ materially from such forward-looking statements. Readers are strongly encouraged to read the full cautionary statements contained in AmeriGas Partners' most recent annual report and in UGI's filings with the Securities and Exchange Commission, and in UGI's and the Offerors' other communications with investors. UGI and the Offerors disclaim any obligation to update or revise any forward-looking statements.
本新聞稿包含1934年修改版證券交易法第21E條、1933年修改版證券法第27A條和1995年美國私人證券訴訟改革法案中規定的“前瞻性聲明”，包括有關Offerors意圖購買任何Notes的聲明。大家應當注意，不要過度依賴這些前瞻性聲明。所有前瞻性聲明僅在本新聞發佈日期之日有效，並且都基於目前的期望，並涉及一些假設、風險和不確定性，這些可能會導致實際結果與如此前瞻性聲明有所不同。建議大家認真閱讀AmeriGas Partners的最新年度報告以及UGI在美國證券交易委員會的備案，以及UGI和Offerors與投資者的其他溝通中包含的所有警語聲明。UGI和Offerors不承擔更新或修改任何前瞻性聲明的義務。本新聞稿包含1934年修改版證券交易法第21E條、1933年修改版證券法第27A條和1995年美國私人證券訴訟改革法案中規定的“前瞻性聲明”。本新聞稿包含1934年修改版證券交易法第21E條、1933年修改版證券法第27A條和1995年美國私人證券訴訟改革法案等法案中規定的“前瞻性聲明”，包括Offerors意圖購買任何Notes。建議大家注意，《投資者備忘錄》並閱讀最近的文件。
About AmeriGas Partners
關於AmeriGas Partners
AmeriGas Partners is the largest retail propane marketer in the United States, with approximately 940 million gallons of propane sold annually to 1.2 million customers in all 50 states from approximately 1,380 locations.
AmeriGas Partners是美國最大的零售丙烷銷售商，每年在1,380多個位置向全美50個州共1.2萬客戶銷售約9.4億加侖的丙烷。
About UGI
關於UGI
UGI Corporation (NYSE: UGI) is a distributor and marketer of energy products and services in the US and Europe. UGI offers safe, reliable, affordable, and sustainable energy solutions to customers through its subsidiaries, which provide natural gas transmission and distribution, electric generation and distribution, midstream services, propane distribution, renewable natural gas generation, distribution and marketing, and energy marketing services.
UGI公司（NYSE:UGI）是美國和歐洲能源產品和服務的分銷商和營銷商。UGI通過其子公司爲客戶提供安全，可靠，負擔得起和可持續的能源解決方案，這些子公司提供天然氣傳輸和分配，電力產生和分配，中游服務，丙烷分銷，可再生天然氣產生，分銷和營銷以及能源營銷服務。
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在businesswire.com上查看原始版本businesswire.com: https://www.businesswire.com/news/home/20240625206950/en/
INVESTOR RELATIONS
610-337-1000
Tameka Morris, ext. 6297
Arnab Mukherjee, ext. 7498
投資者關係
610-337-1000
Tameka Morris，分機6297
Arnab Mukherjee，分機7498
Source: UGI Corporation
來源：UGI公司
譯文內容由第三人軟體翻譯。