Unitil unit Fitchburg sells $40 million senior notes in private placement
Unitil Corporation
Unitil Corporation UTL | 0.00 |
- Unitil unit Fitchburg Gas and Electric Light entered a Note Purchase Agreement on April 30, 2026, issuing USD 40 million of Senior Unsecured Notes to State Farm Life Insurance, State Farm Life and Accident Assurance, CoBank.
- Financing split between USD 23 million 5.62% Senior Unsecured Notes, Series 2026A due April 30, 2036, USD 17 million 5.87% Senior Unsecured Notes, Series 2026B due April 30, 2041.
- Net proceeds earmarked to refinance existing consolidated debt or for general corporate purposes.
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