Subject
The Florida Public Service Commission will consider at its February 7, 2017 Commission Conference, Docket No. 160244-GU Application for Authorization to Issue Common Stock, Preferred Stock, and Secured and/or Unsecured Debt, and to Enter into Agreements for Interest Rate Swaps, Equity Products and Other Financial Derivatives in 2017, by Chesapeake Utilities Corporation (Chesapeake or Company). The Company seeks PSC approval, pursuant to Section 366.04, Florida Statutes, to issue up to 7,965,000 shares of Chesapeake common stock, up to 2,000,000 shares of Chesapeake preferred stock; up to $450,000,000 in secured and/or unsecured debt; to enter into agreements up to $150,000,000 in Interest Rate Swap Products, Equity Products and other Financial Derivatives; and to issue short-term obligations in an amount not to exceed $275 million.