secwatch.observer — SEC 8-K summary
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Issuer:     PORTLAND GENERAL ELECTRIC CO /OR/ (POR)
CIK:        0000784977
Form:       8-K
Filed at:   2024-02-23T23:59:59+00:00
Accession:  0000784977-24-000039
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Portland General Electric issues $450M in First Mortgage Bonds across three tranches
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- $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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/784977/000078497724000039/0000784977-24-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/784977/000078497724000039/por-20240222.htm
  HTML page:      https://secwatch.observer/filing/0000784977-24-000039

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