{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-22-038742","form_type":"8-K","ticker":"NJR","cik":"0000356309","company_name":"NEW JERSEY RESOURCES CORP","filed_at":"2022-10-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.178595+00:00","generated_at":"2026-06-22T22:58:45.392934+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"NJR and NJNG issue $175M in senior notes at 5.47% and 6.14%","bullets":["NJNG sold $125M of 5.47% Senior Notes Series 2022C due October 2052.","NJR sold $50M of 6.14% Senior Notes Series 2022B due December 2032.","Proceeds from NJNG notes for general corporate, refinancing short-term debt, and capex.","Proceeds from NJR notes for acquisitions, debt repayment, capex, and working capital.","NJR Series B Notes are unsecured; NJNG Series C Notes secured by first mortgage bonds."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-22-038742","json":"https://secwatch.observer/filing/0001140361-22-038742.json","markdown":"https://secwatch.observer/filing/0001140361-22-038742.md","text":"https://secwatch.observer/filing/0001140361-22-038742.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/356309/000114036122038742/0001140361-22-038742-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/356309/000114036122038742/brhc10043123_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T22:58:45.392934+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3ce7f9dac8b0eaa1a62a22c8bf036aa8ed008bfe","claim":"NEW JERSEY RESOURCES CORP incurred senior notes of $125,000,000 at 5.47% maturing October 24, 2052.","evidence_excerpt":"On October 24, 2022, New Jersey Natural Gas Company (“NJNG”), a wholly-owned subsidiary of New Jersey Resources Corporation (“NJR”, and together with NJNG, the “Issuers”), and certain institutional investors in the private placement market (the “NJNG Purchasers”) entered into a Note Purchase Agreement (the “NJNG Note Purchase Agreement”), under which NJNG sold to the Purchasers $125,000,000 of NJNG’s 5.47% Senior Notes, Series 2022C, due October 24, 2052 (the “NJNG Series C Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/356309/000114036122038742/0001140361-22-038742-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$125,000,000"},{"label":"Rate","value":"5.47%"},{"label":"Maturity","value":"October 24, 2052"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"c690de1922b9b40e71fb21b51a2dc865cadcdfd9","claim":"NEW JERSEY RESOURCES CORP incurred senior notes of $50,000,000 at 6.14% maturing December 15, 2032.","evidence_excerpt":"On October 24, 2022, NJR and certain institutional investors in the private placement market (the “NJR Purchasers”, and together with the NJNG Purchasers, the “Purchasers”) entered into a Note Purchase Agreement (the “NJR Note Purchase Agreement” and, together with the NJNG Note Purchase Agreement, the “Note Purchase Agreements”) providing for the sale to the NJR Purchasers of $50,000,000 of NJR’s 6.14% Senior Notes, Series 2022B, due December 15, 2032 (the “NJR Series B Notes” and together with the NJNG Series C Notes, the “Notes”), with the closing of the transaction to occur on December 15, 2022.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/356309/000114036122038742/0001140361-22-038742-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$50,000,000"},{"label":"Rate","value":"6.14%"},{"label":"Maturity","value":"December 15, 2032"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}