Essential Utilities Enters Material Definitive Agreement

Ticker: WTRG · Form: 8-K · Filed: 2024-08-15T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, filing, corporate-action

Related Tickers: WTRG

TL;DR

WTRG signed a big deal, filing an 8-K on 8/15/24. Details TBD.

AI Summary

On August 15, 2024, Essential Utilities, Inc. (WTRG) filed an 8-K report detailing the entry into a material definitive agreement. The filing also includes financial statements and exhibits related to this agreement. No specific details regarding the agreement's nature or financial terms were provided in the excerpt.

Why It Matters

This filing indicates a significant new contract or partnership for Essential Utilities, which could impact its future operations and financial performance.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement, which could carry significant financial or operational implications, but the lack of specific details makes the exact risk level uncertain.

Key Numbers

Key Players & Entities

FAQ

What is the nature of the material definitive agreement entered into by Essential Utilities, Inc. on August 15, 2024?

The provided excerpt of the 8-K filing does not specify the nature of the material definitive agreement.

What are the key financial terms or implications of this new agreement for Essential Utilities?

The excerpt does not contain information regarding the financial terms or implications of the agreement.

Which parties are involved in the material definitive agreement with Essential Utilities?

The filing excerpt does not identify the other parties to the agreement.

When was the material definitive agreement officially entered into by Essential Utilities?

The agreement was entered into on August 15, 2024, as reported in the 8-K filing.

Are there any exhibits attached to this 8-K filing that provide more details about the agreement?

The filing states that it includes 'Financial Statements and Exhibits,' suggesting that further details may be available in those attached documents.

From the Filing

0001552781-24-000496.txt : 20240815 0001552781-24-000496.hdr.sgml : 20240815 20240815131645 ACCESSION NUMBER: 0001552781-24-000496 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20240815 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240815 DATE AS OF CHANGE: 20240815 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Essential Utilities, Inc. CENTRAL INDEX KEY: 0000078128 STANDARD INDUSTRIAL CLASSIFICATION: WATER SUPPLY [4941] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 231702594 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06659 FILM NUMBER: 241211459 BUSINESS ADDRESS: STREET 1: 762 W. LANCASTER AVE CITY: BRYN MAWR STATE: PA ZIP: 19010-3489 BUSINESS PHONE: 610-527-8000 MAIL ADDRESS: STREET 1: 762 W. LANCASTER AVE CITY: BRYN MAWR STATE: PA ZIP: 19010-3489 FORMER COMPANY: FORMER CONFORMED NAME: AQUA AMERICA INC DATE OF NAME CHANGE: 20040120 FORMER COMPANY: FORMER CONFORMED NAME: PHILADELPHIA SUBURBAN CORP DATE OF NAME CHANGE: 19920703 8-K 1 e24344_wtrg-8k.htm WTRG 8-K false 0000078128 0000078128 2024-08-15 2024-08-15 iso4217:USD xbrli:shares iso4217:USD xbrli:shares   UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _____________ FORM 8-K   CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported): August 15, 2024   Essential Utilities, Inc. (Exact Name of Registrant Specified in Charter) Pennsylvania 001-06659 23-1702594 (State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.)   762 West Lancaster Avenue     Bryn Mawr , Pennsylvania   19010-3489 (Address of Principal Executive Offices)   (Zip Code)   Registrant’s telephone number, including area code: (610) 527-8000   ______________________________________________ (Former Name or Former Address, if Changed Since Last Report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act: Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common stock, $.50 par value   WTRG   New York Stock Exchange   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐     Item 1.01 Entry into a Material Definitive Agreement.    On August 15, 2024, Essential Utilities, Inc. (the “Company”) issued $500,000,000 principal amount of its 4.800% Senior Notes due 2027 (the “Notes”). The Notes were issued pursuant to the indenture, dated as of April 23, 2019 (the “Base Indenture”), as supplemented by the First Supplemental Indenture, dated as of April

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