{"schema_version":"secwatch.filing_event.v1","accession":"0000784977-24-000039","form_type":"8-K","ticker":"POR","cik":"0000784977","company_name":"PORTLAND GENERAL ELECTRIC CO /OR/","filed_at":"2024-02-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.912513+00:00","generated_at":"2026-06-05T17:49:04.422295+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Portland General Electric issues $450M in First Mortgage Bonds across three tranches","bullets":["$100M at 5.15% due 2029; $100M at 5.36% due 2034; $250M at 5.73% due 2054.","Bonds sold via private placement to institutional buyers, issued and funded on Feb 22, 2024.","Proceeds to refinance existing debt, fund general corporate purposes and capital expenditures.","Bonds are redeemable at PGE's option per the Eighty-Second Supplemental Indenture."],"urls":{"canonical":"https://secwatch.observer/filing/0000784977-24-000039","json":"https://secwatch.observer/filing/0000784977-24-000039.json","markdown":"https://secwatch.observer/filing/0000784977-24-000039.md","text":"https://secwatch.observer/filing/0000784977-24-000039.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/784977/000078497724000039/0000784977-24-000039-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/784977/000078497724000039/por-20240222.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T17:49:04.422295+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4136b2868a125ae8eb16533d44c619cf250ba386","claim":"PORTLAND GENERAL ELECTRIC CO /OR/ incurred senior notes of $100 million with institutional buyers at 5.36% maturing 2034.","evidence_excerpt":"On February 22, 2024, 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 $450 million aggregate principal amount of the Company's First Mortgage Bonds (the “Bonds”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/784977/000078497724000039/0000784977-24-000039-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$100 million"},{"label":"Counterparty","value":"institutional buyers"},{"label":"Rate","value":"5.36%"},{"label":"Maturity","value":"2034"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"5b9878852cea3ced9a214d9b0525bef290bd6e61","claim":"PORTLAND GENERAL ELECTRIC CO /OR/ incurred senior notes of $250 million with institutional buyers at 5.73% maturing 2054.","evidence_excerpt":"On February 22, 2024, 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 $450 million aggregate principal amount of the Company's First Mortgage Bonds (the “Bonds”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/784977/000078497724000039/0000784977-24-000039-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$250 million"},{"label":"Counterparty","value":"institutional buyers"},{"label":"Rate","value":"5.73%"},{"label":"Maturity","value":"2054"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"b05561548d39f93e85bbe702b1158c77b43c03a7","claim":"PORTLAND GENERAL ELECTRIC CO /OR/ incurred senior notes of $450 million aggregate principal amount with institutional buyers at 5.15% maturing 2029.","evidence_excerpt":"On February 22, 2024, 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 $450 million aggregate principal amount of the Company's First Mortgage Bonds (the “Bonds”). The Bonds consist of: • a series, due in 2029, in the amount of $100 million that will bear interest from its issuance date at an annual rate of 5.15%;","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/784977/000078497724000039/0000784977-24-000039-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$450 million aggregate principal amount"},{"label":"Counterparty","value":"institutional buyers"},{"label":"Rate","value":"5.15%"},{"label":"Maturity","value":"2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"dca30f92bcbae970850e67088e7d0ae2707c7839","claim":"PORTLAND GENERAL ELECTRIC CO /OR/ entered into Bond Purchase Agreement with certain institutional buyers valued at $450 million aggregate principal amount (effective 2024-02-22).","evidence_excerpt":"On February 22, 2024, 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 $450 million aggregate principal amount of the Company's First Mortgage Bonds","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/784977/000078497724000039/0000784977-24-000039-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"certain institutional buyers"},{"label":"Value","value":"$450 million aggregate principal amount"},{"label":"Effective","value":"2024-02-22"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}