---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-050385"
form_type: "8-K"
ticker: "NJR"
cik: "0000356309"
company_name: "NEW JERSEY RESOURCES CORP"
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T05:05:16.914036+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# NJ Natural Gas issues $50M 5.85% Senior Notes due 2053; Peter Harvey elected to board

## Summary
- NJNG issued $50M principal amount of 5.85% Senior Notes due October 30, 2053.
- Notes secured by First Mortgage Bonds; proceeds for general corporate purposes including refinancing and capex.
- Peter C. Harvey, former NJ Attorney General, elected to NJR board effective Oct 30, 2023.
- Board size increased from 10 to 11; Harvey to stand for election at Jan 2024 annual meeting.

## SEC filing metadata
- accession: 0001140361-23-050385
- form_type: 8-K
- ticker: NJR
- cik: 0000356309
- company_name: NEW JERSEY RESOURCES CORP
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/356309/000114036123050385/0001140361-23-050385-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/356309/000114036123050385/ef20013178_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-050385
- JSON: https://secwatch.observer/filing/0001140361-23-050385.json
- Plain text: https://secwatch.observer/filing/0001140361-23-050385.txt

## Key facts
- Debt Financings
  NEW JERSEY RESOURCES CORP incurred senior notes of $50,000,000 with certain institutional investors at 5.85% maturing October 30, 2053.
  - Instrument: senior notes
  - Principal: $50,000,000
  - Counterparty: certain institutional investors
  - Rate: 5.85%
  - Maturity: October 30, 2053
  - Event: incurrence
  source text: On October 30, 2023, New Jersey Natural Gas Company (“NJNG”), a wholly-owned subsidiary of New Jersey Resources Corporation (“NJR”) issued and sold $50,000,000 of NJNG’s 5.85% Senior Notes, Series 2023B, due October 30, 2053 (the “Notes”) to certain institutional investors
  evidence_url: https://www.sec.gov/Archives/edgar/data/356309/000114036123050385/0001140361-23-050385-index.htm
- Executive change
  Peter C. Harvey was elected as director at NEW JERSEY RESOURCES CORP.
  - Action: elected
  - Role: director
  source text: unanimously elected Peter C. Harvey as a director, effective as of the Election Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/356309/000114036123050385/0001140361-23-050385-index.htm

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