{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-032225","form_type":"8-K","ticker":"NJR","cik":"0000356309","company_name":"NEW JERSEY RESOURCES CORP","filed_at":"2025-08-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.072619+00:00","generated_at":"2026-05-17T10:58:35.786908+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"NJNG issues $200M senior notes in two tranches at 5.16% and 5.85% due 2035 and 2055","bullets":["NJNG sold $100M of 5.16% Senior Notes due 2035 and $100M of 5.85% Senior Notes due 2055.","Proceeds for general corporate purposes, including refinancing short-term debt and capex.","Notes secured by NJNG's First Mortgage Bonds; NJR not obligated on the notes.","Interest payable semi-annually starting February 21, 2026.","Note Purchase Agreement includes customary covenants limiting liens, asset dispositions, and mergers."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-032225","json":"https://secwatch.observer/filing/0001140361-25-032225.json","markdown":"https://secwatch.observer/filing/0001140361-25-032225.md","text":"https://secwatch.observer/filing/0001140361-25-032225.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/356309/000114036125032225/0001140361-25-032225-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/356309/000114036125032225/ef20053737_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T10:58:35.786908+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":"d0e16e05a4833aace9efef047480a19e9539d7f8","claim":"NEW JERSEY RESOURCES CORP incurred senior notes of $200,000,000 in aggregate principal amount with institutional investors in the private placement market at 5.16% per annum and 5.85% per annum maturing August 21, 2035 and August 21, 2055.","evidence_excerpt":"On August 21, 2025, New Jersey Natural Gas Company (“NJNG”), a wholly-owned subsidiary of New Jersey Resources Corporation (“NJR”), and certain institutional investors in the private placement market (the “Purchasers”) entered into a Note Purchase Agreement (the “Note Purchase Agreement”), under which NJNG sold to the Purchasers $200,000,000 in aggregate principal amount of NJNG’s senior notes consisting of $100,000,000 in aggregate principal amount of its 5.16% Senior Notes, Series 2025A, due August 21, 2035 (the “Series A Notes”) and $100,000,000 in aggregate principal amount of its 5.85% Senior Notes, Series 2025B, due August 21, 2055 (the “Series B Notes” and together with the Series A Notes, the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/356309/000114036125032225/0001140361-25-032225-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$200,000,000 in aggregate principal amount"},{"label":"Counterparty","value":"institutional investors in the private placement market"},{"label":"Rate","value":"5.16% per annum and 5.85% per annum"},{"label":"Maturity","value":"August 21, 2035 and August 21, 2055"},{"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"}