Bangor Natural Gas Company, Subsidiary of UNITIL Corporation, Secures $32M in Long-Term Financing

Reuters
Jul 15, 2025
Bangor <a href="https://laohu8.com/S/NGS">Natural Gas</a> Company, Subsidiary of UNITIL Corporation, Secures $32M in Long-Term Financing

Bangor Natural Gas Company, a subsidiary of UNITIL Corporation, has successfully entered into a Note Purchase Agreement with CoBank, ACB and United of Omaha Life Insurance Company. Under this agreement, Bangor issued and sold $14 million of 5.70% Senior Unsecured Notes due in 2030 and $18 million of 6.31% Senior Unsecured Notes due in 2035. The proceeds from this financing will be used to refinance existing debt and for general corporate purposes. The Notes were offered primarily to institutional investors.

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. UNITIL 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: 0001193125-25-158782), on July 14, 2025, and is solely responsible for the information contained therein.

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