---
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"
generated_at: "2026-05-17T10:58:35.786908+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# NJNG issues $200M senior notes in two tranches at 5.16% and 5.85% due 2035 and 2055

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-032225
- JSON: https://secwatch.observer/filing/0001140361-25-032225.json
- Plain text: https://secwatch.observer/filing/0001140361-25-032225.txt

## Key facts
- Debt Financings
  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.
  - Instrument: senior notes
  - Principal: $200,000,000 in aggregate principal amount
  - Counterparty: institutional investors in the private placement market
  - Rate: 5.16% per annum and 5.85% per annum
  - Maturity: August 21, 2035 and August 21, 2055
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/356309/000114036125032225/0001140361-25-032225-index.htm

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