secwatch.observer — SEC 8-K summary
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Issuer:     NEW JERSEY RESOURCES CORP (NJR)
CIK:        0000356309
Form:       8-K
Filed at:   2025-08-21T23:59:59+00:00
Accession:  0001140361-25-032225
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/356309/000114036125032225/0001140361-25-032225-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/356309/000114036125032225/ef20053737_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-032225

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