MIDDLESEX WATER COMPANY (NASDAQ:MSEX) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement
Line of Credit Increased
On September 23, 2019, Middlesex Water Company and its subsidiaries (collectively, the “Company”) amended its Line of Credit Agreement (the “Agreement”) with Bank of America, N.A., increasing the maximum amount available under the Agreement from $40,000,000 to $60,000,000 and extending the expiration date to September 18, 2020. The Agreement increases the Company’s available lines of credit to $120,000,000.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
| 10.33(c)* | Amendment To and Extension of the Expiration Date of the Line of Credit included in the Amended and Restated Loan Agreement between registrant, registrant’s subsidiaries and Bank of America, N.A. |
* Filed herewith
MIDDLESEX WATER CO Exhibit
EX-10.33C 2 ex10-33_c.htm EX-10.33C Exhibit 10.33(c) AMENDMENT This Amendment (the "Amendment"),…
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About MIDDLESEX WATER COMPANY (NASDAQ:MSEX)
Middlesex Water Company is a water utility company. The Company has two segments: regulated and non-regulated. The regulated business includes collecting, treating and distributing water on a retail and wholesale basis to residential, commercial, industrial and fire protection customers in parts of New Jersey, Delaware and Pennsylvania. Its segment also includes regulated wastewater systems in New Jersey and Delaware. The non-regulated business includes non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The Company owns and operates regulated water utility and wastewater systems in New Jersey, Delaware and Pennsylvania. The Company also operates water and wastewater systems under contract on behalf of municipal and private clients in New Jersey and Delaware. Its subsidiaries include Tidewater Utilities, Inc. (Tidewater) and Tidewater Environmental Services, Inc. (TESI).
