---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-046008"
form_type: "8-K"
ticker: "NJR"
cik: "0000356309"
company_name: "NEW JERSEY RESOURCES CORP"
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T02:26:10.823404+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# NJR issues $100M of 5.55% Senior Notes due 2034 for general corporate purposes

## Summary
- Issued $100M of 5.55% Senior Notes, Series 2024A, due Nov 7, 2034, in private placement.
- Proceeds to be used for acquisitions, debt repayment, capex, and working capital.
- Notes are unsecured, guaranteed by certain unregulated subsidiaries; covenants limit debt to 70% of total capitalization.
- LDCC approved FY2025 Officer Annual Incentive Plan: CEO target 110% of base salary, other NEOs 40-60%.
- Also awarded performance share units and RSUs under 2017 Stock Award and Incentive Plan.

## SEC filing metadata
- accession: 0001140361-24-046008
- form_type: 8-K
- ticker: NJR
- cik: 0000356309
- company_name: NEW JERSEY RESOURCES CORP
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/356309/000114036124046008/0001140361-24-046008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/356309/000114036124046008/ef20037522_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-046008
- JSON: https://secwatch.observer/filing/0001140361-24-046008.json
- Plain text: https://secwatch.observer/filing/0001140361-24-046008.txt

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