---
schema_version: "secwatch.filing_event.v1"
accession: "0001031296-23-000035"
form_type: "8-K"
ticker: "FE"
cik: "0001031296"
company_name: "FIRSTENERGY CORP"
filed_at: "2023-05-01T23:59:59+00:00"
generated_at: "2026-06-16T04:34:18.937095+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# FirstEnergy intends to offer $1.0B convertible notes due 2026; up to $150M additional

## Summary
- Plans to issue $1.0B convertible senior notes due 2026; initial purchasers may buy up to $150M additional.
- Net proceeds to refinance existing debt, fund pension plan, and general corporate purposes.
- Notes unsecured and unsubordinated; interest payable semiannually, convertible under conditions.
- Conversion settlement: cash for principal, then cash/stock combo at FirstEnergy's election for excess.
- Offered via private placement under Rule 144A to qualified institutional buyers; not registered.

## SEC filing metadata
- accession: 0001031296-23-000035
- form_type: 8-K
- ticker: FE
- cik: 0001031296
- company_name: FIRSTENERGY CORP
- filed_at: 2023-05-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1031296/000103129623000035/0001031296-23-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031296/000103129623000035/fe-20230427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001031296-23-000035
- JSON: https://secwatch.observer/filing/0001031296-23-000035.json
- Plain text: https://secwatch.observer/filing/0001031296-23-000035.txt

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