{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-213536","form_type":"8-K","ticker":"CPK","cik":"0000019745","company_name":"CHESAPEAKE UTILITIES CORP","filed_at":"2023-08-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.151077+00:00","generated_at":"2026-06-11T09:43:34.535553+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Chesapeake Utilities amends credit agreement, adds $175M short-term capacity","bullets":["Second Amendment provides $175M short-term debt capacity under 364-day facility expiring Aug 8, 2024.","364-day borrowings priced at SOFR + 10bps + margin up to 1.05%; Green Loan pricing SOFR + 10bps + up to 1.00%.","Truist ($30M) and City National ($12.5M) exit short-term facility; RBC and Wells Fargo increase commitments to $27.5M each.","Five-year facility unchanged at $200M; SOFR + 10bps + margin up to 1.25%; Green Loan facility capped at $50M.","Proceeds used for general corporate purposes, including working capital and sustainable investments."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-213536","json":"https://secwatch.observer/filing/0001193125-23-213536.json","markdown":"https://secwatch.observer/filing/0001193125-23-213536.md","text":"https://secwatch.observer/filing/0001193125-23-213536.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/19745/000119312523213536/0001193125-23-213536-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/19745/000119312523213536/d510164d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T09:43:34.535553+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7b8e78e39945010d82114fb555af68b038228270","claim":"CHESAPEAKE UTILITIES CORP amended revolving credit of $200 million with PNC Bank, National Association at the SOFR Rate plus a 10-basis point credit spread adjustment and an applicable m maturing expiring on August 8, 2024.","evidence_excerpt":"(together with PNC, collectively, the “Lenders”), pursuant to which the Lenders committed to provide the Company an unsecured $400 million revolving credit facility, including a $200 million five year facility (the “Five Year Facility”) and a $200 million 364 days facility (the “364 Days Facility” and, together with the Five Year Facility, the “Revolver”), subject to","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/19745/000119312523213536/0001193125-23-213536-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$200 million"},{"label":"Counterparty","value":"PNC Bank, National Association"},{"label":"Rate","value":"the SOFR Rate plus a 10-basis point credit spread adjustment and an applicable m"},{"label":"Maturity","value":"expiring on August 8, 2024"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}