8-KThe WireRoutine
Company Update
Filed Aug 13, 2024 · 1y ago · Accession 0001552781-24-000481
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗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
8, 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 8.01 Other Events.
In connection with the offering (the “Offering”)
by Essential Utilities, Inc. (the “Company”) of $500,000,000 principal amount of its 4.800% Senior Notes due 2027 (the “Notes”),
the Company entered into an underwriting agreement, dated August 8, 2024 (the “Underwriting Agreement”), with PNC Capital
Markets LLC and RBC Capital Markets, LLC, as representatives of the several underwriters named therein (the “Underwriters”).
The Underwriting Agreement includes customary representations, warranties and covenants by the Company. Under the terms of the Underwriting
Agreement, the Company has agreed to indemnify the Underwriters against certain liabilities.
The description of the Underwriting Agreement contained
herein is qualified in its entirety by reference to the Underwriting Agreement filed as Exhibit 1.1 to this Current Report and incorporated
herein by reference.
The Offering is expected to close on or about August
15, 2024. The Notes will be issued and sold in a registered public offering pursuant to the Company’s Registration Statement on
Form S-3 (Registration No. 333-277563), including a prospectus supplement dated August 8, 2024, to the prospectus contained therein dated
March 1, 2024, filed by the Company with the Securities and Exchange Commission, pursuant to Rule 424(b)(5) under the Securities
Act of 1933, as amended.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
1.1
Underwriting Agreement, dated August 8, 2024, among Essential Utilities, Inc. and PNC Capital Markets LLC and RBC Capital Markets, LLC, as representatives of the several underwriters named in Schedule I thereto.
104
Cover Page Interactive Data File (formatted in inline XBRL)
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.
ESSENTIAL
UTILITIES, INC.
Date: August 13, 2024
By:
/s/
Christopher P. Luning
Name:
Christopher
P. Luning
Title:
Executive Vice President, General Counsel
Filing details
- Company
- Essential Utilities, Inc.
- Ticker
- WTRG
- CIK
- 78128
- Form type
- 8-K
- Filing date
- Aug 13, 2024
- Report date
- Aug 8, 2024
- Document
- e24342_wtrg-8k.htm
- Size
- 404 KB