---
schema_version: "secwatch.filing_event.v1"
accession: "0000863110-22-000007"
form_type: "8-K"
ticker: "ARTNA"
cik: "0000863110"
company_name: "ARTESIAN RESOURCES CORP"
filed_at: "2022-02-10T23:59:59+00:00"
generated_at: "2026-06-27T09:24:46.931029+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Artesian Resources subsidiary locks 4.43% fixed rate on $30M, 25-year bond

## Summary
- $30M First Mortgage Bond with fixed rate of 4.43% per annum, 25-year maturity.
- Proceeds to repay outstanding lines of credit and fund future capital investments.
- Closing subject to Delaware Public Service Commission approval.
- Quarterly interest payments on June 30, Sept 30, Dec 31, March 31 each year.
- Broken funding charge payable if entire principal not borrowed by May 7, 2022.

## SEC filing metadata
- accession: 0000863110-22-000007
- form_type: 8-K
- ticker: ARTNA
- cik: 0000863110
- company_name: ARTESIAN RESOURCES CORP
- filed_at: 2022-02-10T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/863110/000086311022000007/0000863110-22-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/863110/000086311022000007/8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000863110-22-000007
- JSON: https://secwatch.observer/filing/0000863110-22-000007.json
- Plain text: https://secwatch.observer/filing/0000863110-22-000007.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.