secwatch.observer — SEC 8-K summary
======================================

Issuer:     NEW JERSEY RESOURCES CORP (NJR)
CIK:        0000356309
Form:       8-K
Filed at:   2022-10-28T23:59:59+00:00
Accession:  0001140361-22-038742
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NJR and NJNG issue $175M in senior notes at 5.47% and 6.14%
-----------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/356309/000114036122038742/0001140361-22-038742-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/356309/000114036122038742/brhc10043123_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-038742

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer