UNITIL CORP incurred senior notes of $17,000,000 with State Farm Life Insurance Company, State Farm Life and Accident Assurance Company and CoBank, ACB at 5.87% maturing April 30, 2041.
“On April 30, 2026, 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 State Farm Life Insurance Company, State Farm Life and Accident Assurance Company and CoBank, ACB (the “Note Purchase Agreement”) pursuant to which it issued and sold (i) $23,000,000 of 5.62% Senior Unsecured Notes, Series 2026A, due April 30, 2036 and (ii) $17,000,000 of 5.87% Senior Unsecured Notes, Series 2026B, due April 30, 2041 (collectively, the “Notes”).”
Debt Financings
UNITIL CORP incurred senior notes of $23,000,000 with State Farm Life Insurance Company, State Farm Life and Accident Assurance Company and CoBank, ACB at 5.62% maturing April 30, 2036.
“On April 30, 2026, 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 State Farm Life Insurance Company, State Farm Life and Accident Assurance Company and CoBank, ACB (the “Note Purchase Agreement”) pursuant to which it issued and sold (i) $23,000,000 of 5.62% Senior Unsecured Notes, Series 2026A, due April 30, 2036 and (ii) $17,000,000 of 5.87% Senior Unsecured Notes, Series 2026B, due April 30, 2041 (collectively, the “Notes”).”
Material Agreements
UNITIL CORP entered into Note Purchase Agreement with State Farm Life Insurance Company, State Farm Life and Accident Assurance Company and CoBank, ACB valued at $23,000,000 and $17,000,000 (effective 2026-04-30).
“On April 30, 2026, 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 State Farm Life Insurance Company, State Farm Life and Accident Assurance Company and CoBank, ACB (the “Note Purchase Agreement”) pursuant to which it issued and sold (i) $23,000,000 of 5.62% Senior Unsecured Notes, Series 2026A, due April 30, 2036 and (ii) $17,000,000 of 5.87% Senior Unsecured Notes, Series 2026B, due April 30, 2041 (collectively, the “Notes”).”
Material Agreements
UNITIL CORP amended Amendment No. 1 to Distribution Agreement with Huntington Securities, Inc. and Scotia Capital (USA) Inc., as agents and/or forward sellers, and Huntington Securities, Inc. and The Bank of Nova Scotia, as forward purchasers (effective 2026-02-19).
“the Company entered into Amendment No. 1 to Distribution Agreement (the “ Amendment to Distribution Agreement ”) with Huntington Securities, Inc. and Scotia Capital (USA) Inc., as agents and/or forward sellers, and Huntington Securities, Inc. and The Bank of Nova Scotia, as forward purchasers”
Material Agreements
UNITIL CORP terminated Distribution Agreement with Janney Montgomery Scott LLC (effective 2026-02-19).
“the Company and Janney Montgomery Scott LLC mutually terminated the Distribution Agreement with respect to Janney Montgomery Scott LLC, in its capacity as an agent and/or forward seller and as a forward purchaser thereunder”
Material Agreements
UNITIL CORP entered into Distribution Agreement with Janney Montgomery Scott LLC and Scotia Capital (USA) Inc., as agents and/or forward sellers, and Janney Montgomery Scott LLC and The Bank of Nova Scotia, as forward purchasers valued at up to an aggregate sales price of $50 million (effective 2025-06-03).
“Unitil Corporation, a New Hampshire corporation (the “ Company ”), entered into a Distribution Agreement (the “ Distribution Agreement ”) with Janney Montgomery Scott LLC and Scotia Capital (USA) Inc., as agents and/or forward sellers, and Janney Montgomery Scott LLC and The Bank of Nova Scotia, as forward purchasers, pursuant to which the Company may sell, from time to time, up to an aggregate sales price of $50 million of its common stock, no par value (the “ Shares ”).”
Debt Financings
UNITIL CORP incurred credit facility of $86 million with The Bank of Nova Scotia at Term SOFR plus 0.1000% plus a margin of 1.25% or prime rate plus 0.25% maturing October 31, 2026.
“(the “ Credit Agreement ”): Unitil; The Bank of Nova Scotia, as agent; and The Bank of Nova Scotia, as lender (the “ Lender ”). The Credit Agreement has a borrowing limit of $86 million. Subject to certain notice requirements, Unitil may irrevocably reduce or terminate the unutilized portion of the commitments under the Credit Agreement at any time without”
Debt Financings
UNITIL CORP incurred senior notes of $14,000,000 of 5.70% Senior Unsecured Notes, Series 2025A, due July 8, 2030 and $18,000,000 of 6.31% Senior Unsecured No with CoBank, ACB and United of Omaha Life Insurance Company at 5.70% and 6.31% maturing July 8, 2030 and July 8, 2035.
“pursuant to which it issued and sold (i) $14,000,000 of 5.70% Senior Unsecured Notes, Series 2025A, due July 8, 2030 and (ii) $18,000,000 of 6.31% Senior Unsecured Notes, Series 2025B, due July 8, 2035”
Jane Lewis-Raymond was elected as Director at UNITIL CORP.
“On October 30, 2024, the Board of Directors of Unitil Corporation (the “Company”) elected Jane Lewis-Raymond as a Director, effective immediately.”
Shareholder Votes
UNITIL CORP shareholders approved To approve, on an advisory basis, the compensation of the Company’s named executive officers at the 2024-05-01 meeting.
“4. To approve, on an advisory basis, the compensation of the Company’s named executive officers.”
Shareholder Votes
UNITIL CORP shareholders approved To ratify the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2024 at the 2024-05-01 meeting.
“3. To ratify the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2024.”
Shareholder Votes
UNITIL CORP shareholders approved To approve the Company's Third Amended and Restated 2003 Stock Plan at the 2024-05-01 meeting.
“2. To approve the Company’s Third Amended and Restated 2003 Stock Plan.”
Shareholder Votes
UNITIL CORP shareholders approved Election of three directors of the Company in Class III at the 2024-05-01 meeting.
“1. To elect three directors of the Company in Class III, nominated by the Company’s Board of Directors, each to serve a three-year term.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.