secwatch / observer
8-K filed May 5, 2026, 7:59 PM ET ticker UTL CIK 0000755001
debt confidence high sentiment neutral materiality 0.50

UNITIL CORP (UTL): debt financing — Unitil subsidiary Fitchburg issues $40M senior notes at 5.62% and 5.87%

UNITIL CORP

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

UNITIL CORP incurred senior notes of $17,000,000 with State Farm Life Insurance Company, State Farm Life and Accident Assurance Company and CoBank, ACB at 5.87% maturing April 30, 2041.

Instrument
senior notes
Principal
$17,000,000
Counterparty
State Farm Life Insurance Company, State Farm Life and Accident Assurance Company and CoBank, ACB
Rate
5.87%
Maturity
April 30, 2041
Event
incurrence
Exact text from the filing
On April 30, 2026, Fitchburg Gas and Electric Light Company (“Fitchburg”), an electric and natural gas distribution utility subsidiary of Unitil Corporation (the “Company” or the “Registrant”), entered into a Note Purchase Agreement with State Farm Life Insurance Company, State Farm Life and Accident Assurance Company and CoBank, ACB (the “Note Purchase Agreement”) pursuant to which it issued and sold (i) $23,000,000 of 5.62% Senior Unsecured Notes, Series 2026A, due April 30, 2036 and (ii) $17,000,000 of 5.87% Senior Unsecured Notes, Series 2026B, due April 30, 2041 (collectively, the “Notes”).
View on SEC.gov
Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

UNITIL CORP incurred senior notes of $23,000,000 with State Farm Life Insurance Company, State Farm Life and Accident Assurance Company and CoBank, ACB at 5.62% maturing April 30, 2036.

Instrument
senior notes
Principal
$23,000,000
Counterparty
State Farm Life Insurance Company, State Farm Life and Accident Assurance Company and CoBank, ACB
Rate
5.62%
Maturity
April 30, 2036
Event
incurrence
Exact text from the filing
On April 30, 2026, Fitchburg Gas and Electric Light Company (“Fitchburg”), an electric and natural gas distribution utility subsidiary of Unitil Corporation (the “Company” or the “Registrant”), entered into a Note Purchase Agreement with State Farm Life Insurance Company, State Farm Life and Accident Assurance Company and CoBank, ACB (the “Note Purchase Agreement”) pursuant to which it issued and sold (i) $23,000,000 of 5.62% Senior Unsecured Notes, Series 2026A, due April 30, 2036 and (ii) $17,000,000 of 5.87% Senior Unsecured Notes, Series 2026B, due April 30, 2041 (collectively, the “Notes”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

UNITIL CORP entered into Note Purchase Agreement with State Farm Life Insurance Company, State Farm Life and Accident Assurance Company and CoBank, ACB valued at $23,000,000 and $17,000,000 (effective 2026-04-30).

Action
entry
Agreement
notes offering
Counterparty
State Farm Life Insurance Company, State Farm Life and Accident Assurance Company and CoBank, ACB
Value
$23,000,000 and $17,000,000
Effective
2026-04-30
Exact text from the filing
On April 30, 2026, Fitchburg Gas and Electric Light Company (“Fitchburg”), an electric and natural gas distribution utility subsidiary of Unitil Corporation (the “Company” or the “Registrant”), entered into a Note Purchase Agreement with State Farm Life Insurance Company, State Farm Life and Accident Assurance Company and CoBank, ACB (the “Note Purchase Agreement”) pursuant to which it issued and sold (i) $23,000,000 of 5.62% Senior Unsecured Notes, Series 2026A, due April 30, 2036 and (ii) $17,000,000 of 5.87% Senior Unsecured Notes, Series 2026B, due April 30, 2041 (collectively, the “Notes”).
View on SEC.gov

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Source: SEC EDGAR
accession 0000755001-26-000012
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