debt
confidence high
sentiment neutral
materiality 0.55
OG&E issues $350M of 5.60% Senior Notes due 2053
OGE ENERGY CORP.
- OG&E completed $350M in aggregate principal of 5.60% Senior Notes, Series due April 1, 2053.
- Notes issued under OG&E's shelf registration statement on Form S-3ASR; prospectus supplement filed March 22, 2023.
- Supplemental Indenture No. 24 with BOKF, NA as trustee creates the series; opinion of counsel furnished as to legality.
- Proceeds expected for general corporate purposes of the regulated electric utility (889K customers in OK and AR).