secwatch.observer — SEC 8-K summary
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Issuer:     PORTLAND GENERAL ELECTRIC CO /OR/ (POR)
CIK:        0000784977
Form:       8-K
Filed at:   2023-08-29T23:59:59+00:00
Accession:  0000784977-23-000126
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Portland General Electric issues $500M in First Mortgage Bonds across five tranches
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- Five series issued: $50M at 5.44% due 2030, $150M at 5.48% due 2033, $100M at 5.68% due 2038, $100M at 5.78% due 2053, $100M at 5.83% due 2059.
- Proceeds to refinance existing debt and for general corporate purposes, including eligible green investments (renewable energy, wind, energy storage).
- 2030 and 2033 bonds funded Aug 29, 2023; 2038 closing expected Sept 2023, 2053 and 2059 in Nov 2023.
- Bonds issued under 1941 Indenture with Eighty-First Supplemental Indenture filed as Exhibit 4.1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/784977/000078497723000126/0000784977-23-000126-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/784977/000078497723000126/por-20230829.htm
  HTML page:      https://secwatch.observer/filing/0000784977-23-000126

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer