Chesapeake Utilities Corporation Extends $250 Million Revolving Credit Facility with Major Financial Institutions Until 2026

Reuters
昨天
Chesapeake Utilities Corporation Extends $250 Million Revolving Credit Facility with Major Financial Institutions Until 2026

Chesapeake Utilities Corporation has recently amended its financial arrangements with a consortium of lenders. The company exercised a one-year extension option on its existing $250 million 364-day revolving credit facility under the Second Amended and Restated Credit Agreement. Initially set to mature on August 6, 2024, the new maturity date for this credit line is now August 4, 2026. The participating lenders include PNC Bank National Association, Citizens Bank N.A., Manufacturers and Traders Trust Company, Royal Bank of Canada, CoBank, ACB, and Barclays Bank PLC. This extension allows Chesapeake Utilities more financial flexibility while maintaining the same terms and conditions of the original agreement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chesapeake Utilities Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-25-038811), on August 07, 2025, and is solely responsible for the information contained therein.

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