NYSE:UGIGas Utilities
UGI (UGI) Valuation Update Following New Credit Facility and Strengthened Financial Position
If you have been tracking UGI (UGI) lately, you probably noticed the steady buzz after its announcement of a new $300 million senior secured revolving loan facility earlier this month. This amendment to its credit agreement, coming on the heels of public praise from investment managers about the company’s improved financial footing and disciplined approach to debt, is a tangible move by management to shore up liquidity. For investors, this is not just another financing update; it offers a...