---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-257600"
form_type: "8-K"
ticker: "CPK"
cik: "0000019745"
company_name: "CHESAPEAKE UTILITIES CORP"
filed_at: "2022-10-04T23:59:59+00:00"
generated_at: "2026-06-23T05:42:51.111280+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Chesapeake Utilities issues $80M of 5.43% Senior Notes due 2038 to Prudential

## Summary
- Aggregate principal of $80 million; annual principal payments of $8.0M start March 14, 2029; final maturity March 14, 2038.
- Interest rate 5.43% per annum; quarterly payments commencing June 14, 2023.
- Proceeds will reduce short-term borrowings under revolving credit facility and/or fund capital expenditures.
- Optional prepayment allowed with premium; acceleration triggers include certain asset value decline below 50% of consolidated total assets.

## SEC filing metadata
- accession: 0001193125-22-257600
- form_type: 8-K
- ticker: CPK
- cik: 0000019745
- company_name: CHESAPEAKE UTILITIES CORP
- filed_at: 2022-10-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/19745/000119312522257600/0001193125-22-257600-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/19745/000119312522257600/d336280d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-257600
- JSON: https://secwatch.observer/filing/0001193125-22-257600.json
- Plain text: https://secwatch.observer/filing/0001193125-22-257600.txt

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