---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-064433"
form_type: "8-K"
ticker: "WEC"
cik: "0000783325"
company_name: "WEC ENERGY GROUP, INC."
filed_at: "2024-05-23T23:59:59+00:00"
generated_at: "2026-06-01T09:28:12.821325+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# WEC Energy Group prices $1.5B in convertible notes at 4.375% in two tranches due 2027 and 2029

## Summary
- Priced $750M of 4.375% convertible senior notes due 2027 and $750M due 2029; overallotment option up to $112.5M each.
- Conversion rate initially 10.1243 shares per $1,000 principal, premium ~20% above May 22 closing price of ~$82.31.
- Interest paid semiannually at 4.375%; notes are senior unsecured obligations; closing expected May 28, 2024.
- Net proceeds to be used for general corporate purposes, including repayment of short-term debt.

## SEC filing metadata
- accession: 0001104659-24-064433
- form_type: 8-K
- ticker: WEC
- cik: 0000783325
- company_name: WEC ENERGY GROUP, INC.
- filed_at: 2024-05-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/783325/000110465924064433/0001104659-24-064433-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/783325/000110465924064433/tm2415129d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-064433
- JSON: https://secwatch.observer/filing/0001104659-24-064433.json
- Plain text: https://secwatch.observer/filing/0001104659-24-064433.txt

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