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Pricing Supplement No. 2 | | Filing Under Rule 424(b)(3) |
Dated: June 12, 2007 | | Registration No. 333-124474 |
(To Prospectus dated June 27, 2005 and | | |
Prospectus Supplement dated November 1, 2005) | | |
$125,000,000
UGI UTILITIES, INC.
Series C Medium-Term Notes
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PRINCIPAL AMOUNT: $20,000,000 | | CUSIP: 90269Q AP 4 | | FIXED RATE NOTE: YES |
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AMORTIZING NOTE: YESo NOþ | | INDEXED NOTE: YESo NOþ | | FLOATING RATE NOTE: NO |
(SEE BELOW) | | (SEE BELOW) | | (SEE BELOW) |
| | |
Fixed Rate Notes/Floating Rate Notes: | | Floating Rate Notes: |
| | |
Original Issue Date: June 19, 2007 | | Base Rate: |
Interest Rate (if fixed rate): 6.169% | | CD Rate |
Subject to change before maturity date: | | CMT Rate |
Yeso(See Below) Noþ | | Commercial Paper Rate |
Maturity Date: June 15, 2017 | | Federal Funds Rate |
Issue Price (as a percentage of | | LIBOR (See Below) |
principal amount): 100% | | Prime Rate |
Presenting Agent/Principal: Wachovia Capital Markets | | Treasury Rate |
Commission (%): 0.625% | | Other (See Below) |
Net Proceeds to the Company (%): 99.375% | | Index Maturity: |
Redemption Commencement Date (if any): N/A | | Spread (plus or minus): |
Repayment Dates (if any): N/A | | Subject to change before maturity date: |
Redemption Price: | | Yeso(See Below) Noo |
Repayment Price: | | Spread Multiplier: |
Interest Payment Dates: May 15, Nov 15 | | Subject to change before maturity date: |
Original Issue Discount Note: | | Yeso(See Below) Noo |
Yes:o No:þ | | Maximum Interest Rate: |
If Yes: | | Minimum Interest Rate: |
Yield to Maturity: | | Initial Interest Period: |
Initial Accrual Period: | | Initial Interest Rate: |
OID Default Amount: | | Interest Reset Periods: |
Reset of Interest Rate, Spread or | | Interest Reset Dates: |
Spread Multiplier: | | Interest Determination Dates: |
Yes:o(See Below) No:þ | | Calculation Dates: A/S |
Any material United States income tax | | Regular Record Date: A/S |
consequences of purchasing, holding or | | |
disposing of the Notes: | | |
A/S:þ Other: | | |
NO ADDITIONAL TERMS
As of the date of this Pricing Supplement the aggregate initial public offering price of the Notes (as defined in the Prospectus Supplement) which have been sold (including the Notes to which this Pricing Supplement relates) is $70,000,000; and the aggregate initial public offering price of Debt Securities (as defined in the Prospectus) which have been sold (including the Notes to which this Pricing Supplement relates) is $70,000,000. “N/A” as used herein means “Not Applicable”, “A/S” as used herein means “As stated in the Prospectus Supplement referred to above.”
WACHOVIA CAPITAL MARKETS, LLC