---
schema_version: "secwatch.filing_event.v1"
accession: "0000784977-22-000084"
form_type: "8-K"
ticker: "POR"
cik: "0000784977"
company_name: "PORTLAND GENERAL ELECTRIC CO /OR/"
filed_at: "2022-12-01T23:59:59+00:00"
generated_at: "2026-06-21T11:19:08.663238+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Portland General Electric issues $200M in first mortgage bonds at 5.47% and 5.56%

## Summary
- $100M at 5.47% due 2029 (general corporate purposes) and $100M at 5.56% due 2033 (green investments).
- 2029 bonds funded on Nov 30, 2022; 2033 bonds expected to close in January 2023.
- Green bond proceeds for eligible renewable energy, wind, and energy storage projects.
- Bonds redeemable at PGE's option; issued under Eightieth Supplemental Indenture.

## SEC filing metadata
- accession: 0000784977-22-000084
- form_type: 8-K
- ticker: POR
- cik: 0000784977
- company_name: PORTLAND GENERAL ELECTRIC CO /OR/
- filed_at: 2022-12-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/784977/000078497722000084/0000784977-22-000084-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/784977/000078497722000084/por-20221130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000784977-22-000084
- JSON: https://secwatch.observer/filing/0000784977-22-000084.json
- Plain text: https://secwatch.observer/filing/0000784977-22-000084.txt

## Key facts
- Material Agreements
  PORTLAND GENERAL ELECTRIC CO /OR/ entered into Bond Purchase Agreement with certain institutional buyers valued at $200 million aggregate principal amount (effective 2022-11-30).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: certain institutional buyers
  - Value: $200 million aggregate principal amount
  - Effective: 2022-11-30
  source text: On November 30, 2022, Portland General Electric Company ("PGE" or the "Company") entered into a Bond Purchase Agreement (the "Agreement") with certain institutional buyers (the "Buyers") in the private placement market, related to the sale by the Company of $200 million aggregate principal amount of the Company's First Mortgage Bonds (the "Bonds").
  evidence_url: https://www.sec.gov/Archives/edgar/data/784977/000078497722000084/0000784977-22-000084-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.