Amerigas Partners

AmeriGas Propane, a wholly owned subsidiary of UGI, has completed a third amendment to its revolving credit and security agreement that modifies the definition of the fixed charge coverage ratio. The calculation excludes dividends and distributions to AmeriGas Partners up to specified caps for the fiscal years ending September 30, 2026 and 2027; unused portions of the 2026 cap may be carried forward to 2027. The amendment requires that such distributions be permitted only if the proceeds are used simultaneously to repay the Senior Note or other indebtedness, and it establishes a direct financial obligation for AmeriGas Propane. The full text of the amendment was attached to the Form 8-K filing. » Más en de.investing.com