---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-197076"
form_type: "8-K"
ticker: "CPK"
cik: "0000019745"
company_name: "CHESAPEAKE UTILITIES CORP"
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T11:21:11.434363+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Chesapeake Utilities secures $450M revolver comprising $200M 5-year and $250M 364-day facilities

## Summary
- New unsecured credit facility includes $200M 5-Year Revolver maturing Aug 2029 and $250M 364-Day Revolver maturing Aug 2025.
- Facility provides $50M sub-limit for green loans on each tranche with reduced interest margins for sustainable investments.
- Proceeds to be used for general corporate purposes, including refinancing existing credit agreement, working capital, and capex.
- Lenders include PNC, Citizens Bank, M&T Bank, RBC, CoBank, and Barclays; commitment fee 0.175% or less on unused commitments.

## SEC filing metadata
- accession: 0001193125-24-197076
- form_type: 8-K
- ticker: CPK
- cik: 0000019745
- company_name: CHESAPEAKE UTILITIES CORP
- filed_at: 2024-08-08T23:59:59+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/19745/000119312524197076/0001193125-24-197076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/19745/000119312524197076/d863616d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-197076
- JSON: https://secwatch.observer/filing/0001193125-24-197076.json
- Plain text: https://secwatch.observer/filing/0001193125-24-197076.txt

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