FINANCIAL_SERVICESRECOMMENDED

Pennichuck Recommends Three-Year TD Bank Credit Renewal

The Pennichuck Water Special Committee recommended final passage of a resolution authorizing Pennichuck Corporation to renew and extend its $4 million working capital line of credit with TD Bank, N.A. The three-year facility is expected to run from late September 2026 through late September 2029 at a floating rate based on SOFR plus 1.75%.

Document date · August 31, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
$4 million facility
Contract type
FINANCIAL_SERVICES
Contract term
Three-year renewal, expected to take effect at the end of September 2026 and continue through the end of September 2029
Renewal date
2029-09-30
Renewal
Renewal and extension of an existing working capital facility that has existed since 2014; the prior facilities were two-year terms. The renewed facility is intended to replace or renew the current facility and extend the term to three years.
Document type
Minutes
Source document
Pennichuck Water Special Committee Minutes 2026-08-31

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Nashua?

Td Bank N.a was awarded this financial services contract by City of Nashua, as recorded on August 31, 2026. The contract value is $4 million facility.

How much is the Td Bank N.a contract with City of Nashua worth?

The Td Bank N.a contract with City of Nashua is valued at $4 million facility, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Pennichuck Water Special Committee Minutes 2026-08-31 (Minutes), dated August 31, 2026 from City of Nashua. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Td Bank N.a hold?

Td Bank N.a may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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