Unitil Corp. Files 8-K: Material Definitive Agreement

Ticker: UTL · Form: 8-K · Filed: Feb 4, 2025 · CIK: 755001

Unitil Corp 8-K Filing Summary
FieldDetail
CompanyUnitil Corp (UTL)
Form Type8-K
Filed DateFeb 4, 2025
Risk Levelmedium
Pages6
Reading Time7 min
Key Dollar Amounts$200 million, $275 million, $70.9 million, $0.3 million
Sentimentneutral

Sentiment: neutral

Topics: material-definitive-agreement, financial-obligation, 8-k

TL;DR

Unitil Corp. signed a big deal on Jan 29th, check the 8-K for details.

AI Summary

On January 29, 2025, Unitil Corp. entered into a Material Definitive Agreement related to a financial obligation. The filing also includes information on Regulation FD Disclosure and other events, with financial statements and exhibits provided.

Why It Matters

This 8-K filing indicates Unitil Corp. has entered into a significant agreement that could impact its financial obligations and operations.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements and financial obligations can introduce new risks or alter existing ones for a company.

Key Numbers

  • 001-08858 — SEC File Number (Identifies Unitil Corp.'s filing history with the SEC.)
  • 02-0381573 — IRS Employer Identification No. (Tax identification number for Unitil Corp.)

Key Players & Entities

  • Unitil Corp. (company) — Registrant
  • January 29, 2025 (date) — Date of earliest event reported
  • New Hampshire (location) — State of incorporation
  • 6 Liberty Lane West, Hampton, New Hampshire 03842-1720 (address) — Principal executive offices

FAQ

What type of material definitive agreement did Unitil Corp. enter into?

The filing indicates the entry into a Material Definitive Agreement and the creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement, but the specific details of the agreement are not provided in this excerpt.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on January 29, 2025.

What is Unitil Corp.'s state of incorporation?

Unitil Corp. is incorporated in New Hampshire.

Where are Unitil Corp.'s principal executive offices located?

Unitil Corp.'s principal executive offices are located at 6 Liberty Lane West, Hampton, New Hampshire 03842-1720.

What other items are reported in this 8-K filing besides the material agreement?

This 8-K filing also includes information on Regulation FD Disclosure, Other Events, and Financial Statements and Exhibits.

Filing Stats: 1,817 words · 7 min read · ~6 pages · Grade level 12.5 · Accepted 2025-02-04 17:08:39

Key Financial Figures

  • $200 million — nded and Restated Credit Agreement from $200 million to $275 million and (ii) extends the te
  • $275 million — d Credit Agreement from $200 million to $275 million and (ii) extends the term of the Third
  • $70.9 million — ck of Bangor, Unitil paid PHC Utilities $70.9 million in cash for the stock, plus an addition
  • $0.3 million — cash for the stock, plus an additional $0.3 million (approx.) in cash as a working capital

Filing Documents

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. UNITIL CORPORATION By: /s/ Daniel J. Hurstak Daniel J. Hurstak Senior Vice President, Chief Financial Officer and Treasurer Date: February 4, 2025

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