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Chesapeake Utilities Says Submitted To NYL Investors Formal Request That NYL Purchase $40 Mln Of Co's Shelf Notes On Or Before Aug. 14, 2020


Saturday, 15 Feb 2020 

Feb 14 (Reuters) - Chesapeake Utilities Corp ::CHESAPEAKE UTILITIES - ON FEB 11, SUBMITTED TO NYL INVESTORS FORMAL REQUEST THAT NYL PURCHASE $40 MILLION OF CO'S SHELF NOTES ON OR BEFORE AUG 14, 2020.CHESAPEAKE UTILITIES - ON FEB 11, REQUEST THAT NYL AND OTHER PURCHASERS BECOME PARTY TO AMENDED MASTER NOTE AGREEMENT WAS ACCEPTED AND CONFIRMED.CHESAPEAKE UTILITIES - ANTICIPATES USING PROCEEDS RECEIVED TO REDUCE SHORT-TERM BORROWINGS UNDER CO'S REVOLVING CREDIT FACILITY, LINES OF CREDIT. 

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