secwatch.observer — SEC 8-K summary
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Issuer:     CHESAPEAKE UTILITIES CORP (CPK)
CIK:        0000019745
Form:       8-K
Filed at:   2024-11-04T23:59:59+00:00
Accession:  0001193125-24-250608
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chesapeake Utilities issues $100M of 5.20% Senior Notes due 2029
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- Principal amount $100M, interest rate 5.20% per annum, maturity November 1, 2029.
- Interest payable semi-annually on May 1 and November 1, starting May 1, 2025.
- Proceeds to be used for working capital, reduce short-term revolver borrowings, and/or fund capital expenditures.
- Notes are unregistered and sold in a private placement; optional prepayment allowed at make-whole.
- Covenants include limitations on incurring additional indebtedness and liens.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/19745/000119312524250608/0001193125-24-250608-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/19745/000119312524250608/d896787d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-250608

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