secwatch.observer — SEC 8-K summary
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Issuer:     NEW JERSEY RESOURCES CORP (NJR)
CIK:        0000356309
Form:       8-K
Filed at:   2022-06-01T23:59:59+00:00
Accession:  0001140361-22-021479
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NJNG issues $100M in senior notes via private placement
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- $50M Series A at 4.37% due May 27, 2037; $50M Series B at 4.71% due May 27, 2052.
- Notes secured by First Mortgage Bonds; proceeds for general corporate purposes including refinancing short-term debt.
- Interest payable semi-annually starting Nov 28, 2022; prepayable at make-whole amount.
- NJR not obligated on the notes; covenants limit liens, asset sales, affiliate transactions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/356309/000114036122021479/0001140361-22-021479-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/356309/000114036122021479/brhc10038306_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-021479

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