---
schema_version: "secwatch.filing_event.v1"
accession: "0001031296-25-000022"
form_type: "8-K"
ticker: "FE"
cik: "0001031296"
company_name: "FIRSTENERGY CORP"
filed_at: "2025-06-09T23:59:59+00:00"
generated_at: "2026-05-19T16:40:40.628101+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FirstEnergy proposes $1.8B convertible note offering to refinance 2026 notes and debt

## Summary
- Offers $950M 2029 convertible notes and $850M 2031 convertible notes; underwriters may purchase up to $150M additional of each.
- Net proceeds to repurchase $1.5B of 4.00% convertible notes due May 2026, repay/refinance debt, or general corporate purposes.
- Notes unsecured, convertible, settled in cash up to principal plus stock/cash for excess; interest rate and conversion rate at pricing.
- Private placement to QIBs under Rule 144A; notes not registered under Securities Act.

## SEC filing metadata
- accession: 0001031296-25-000022
- form_type: 8-K
- ticker: FE
- cik: 0001031296
- company_name: FIRSTENERGY CORP
- filed_at: 2025-06-09T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1031296/000103129625000022/0001031296-25-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031296/000103129625000022/fe-20250609.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001031296-25-000022
- JSON: https://secwatch.observer/filing/0001031296-25-000022.json
- Plain text: https://secwatch.observer/filing/0001031296-25-000022.txt

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