---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-185358"
form_type: "8-K"
ticker: "UTL"
cik: "0000755001"
company_name: "UNITIL CORP"
filed_at: "2023-07-11T23:59:59+00:00"
generated_at: "2026-06-13T10:19:51.718687+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Unitil unit issues $25M in senior notes: $12M at 5.70% (2033), $13M at 5.96% (2053)

## Summary
- $12M Series A notes at 5.70% due 2033; $13M Series B notes at 5.96% due 2053.
- Notes are senior unsecured obligations of Fitchburg Gas and Electric Light Co., a Unitil subsidiary.
- Proceeds to refinance existing debt and for general corporate purposes.
- Issued to institutional investors under Section 4(a)(2) of the Securities Act.
- Note Purchase Agreement contains customary covenants, representations, and events of default.

## SEC filing metadata
- accession: 0001193125-23-185358
- form_type: 8-K
- ticker: UTL
- cik: 0000755001
- company_name: UNITIL CORP
- filed_at: 2023-07-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/755001/000119312523185358/0001193125-23-185358-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/755001/000119312523185358/d431329d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-185358
- JSON: https://secwatch.observer/filing/0001193125-23-185358.json
- Plain text: https://secwatch.observer/filing/0001193125-23-185358.txt

## Key facts
- Debt Financings
  UNITIL CORP incurred senior notes of $13.0 million with MetLife Reinsurance Company of Hamilton, Ltd., Mutual of Omaha Insurance Company, United of Omaha Life Insurance Company, CMFG Life Insurance Company, American Memorial Life Insurance Company at 5.96% maturing July 2, 2053.
  - Instrument: senior notes
  - Principal: $13.0 million
  - Counterparty: MetLife Reinsurance Company of Hamilton, Ltd., Mutual of Omaha Insurance Company, United of Omaha Life Insurance Company, CMFG Life Insurance Company, American Memorial Life Insurance Company
  - Rate: 5.96%
  - Maturity: July 2, 2053
  - Event: incurrence
  source text: On July 6, 2023, 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 MetLife Reinsurance Company of Hamilton, Ltd., Mutual of Omaha Insurance Company, United of Omaha Life Insurance Company, CMFG Life Insurance Company, and American Memorial Life Insurance Company (the “Note Purchase Agreement”) pursuant to which it issued and sold (i) $12.0 million aggregate principal amount of its 5.70% senior unsecured notes due July 2, 2033 (the “Series A Notes”), and (ii) $13.0 million aggregate principal amount of its 5.96% senior unsecured notes due July 2, 2053 (the “Series B Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/755001/000119312523185358/0001193125-23-185358-index.htm
- Debt Financings
  UNITIL CORP incurred senior notes of $12.0 million with MetLife Reinsurance Company of Hamilton, Ltd., Mutual of Omaha Insurance Company, United of Omaha Life Insurance Company, CMFG Life Insurance Company, American Memorial Life Insurance Company at 5.70% maturing July 2, 2033.
  - Instrument: senior notes
  - Principal: $12.0 million
  - Counterparty: MetLife Reinsurance Company of Hamilton, Ltd., Mutual of Omaha Insurance Company, United of Omaha Life Insurance Company, CMFG Life Insurance Company, American Memorial Life Insurance Company
  - Rate: 5.70%
  - Maturity: July 2, 2033
  - Event: incurrence
  source text: On July 6, 2023, 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 MetLife Reinsurance Company of Hamilton, Ltd., Mutual of Omaha Insurance Company, United of Omaha Life Insurance Company, CMFG Life Insurance Company, and American Memorial Life Insurance Company (the “Note Purchase Agreement”) pursuant to which it issued and sold (i) $12.0 million aggregate principal amount of its 5.70% senior unsecured notes due July 2, 2033 (the “Series A Notes”), and (ii) $13.0 million aggregate principal amount of its 5.96% senior unsecured notes due July 2, 2053 (the “Series B Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/755001/000119312523185358/0001193125-23-185358-index.htm
- Material Agreements
  UNITIL CORP entered into Note Purchase Agreement with MetLife Reinsurance Company of Hamilton, Ltd., Mutual of Omaha Insurance Company, United of Omaha Life Insurance Company, CMFG Life Insurance Company, and American Memorial Life Insurance Company valued at $12.0 million and $13.0 million (effective 2023-07-06).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: MetLife Reinsurance Company of Hamilton, Ltd., Mutual of Omaha Insurance Company, United of Omaha Life Insurance Company, CMFG Life Insurance Company, and American Memorial Life Insurance Company
  - Value: $12.0 million and $13.0 million
  - Effective: 2023-07-06
  source text: On July 6, 2023, 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 MetLife Reinsurance Company of Hamilton, Ltd., Mutual of Omaha Insurance Company, United of Omaha Life Insurance Company, CMFG Life Insurance Company, and American Memorial Life Insurance Company (the “Note Purchase Agreement”) pursuant to which it issued and sold (i) $12.0 million aggregate principal amount of its 5.70% senior unsecured notes due July 2, 2033 (the “Series A Notes”), and (ii) $13.0 million aggregate principal amount of its 5.96% senior unsecured notes due July 2, 2053 (the “Series B Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/755001/000119312523185358/0001193125-23-185358-index.htm

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