debt
confidence high
sentiment neutral
materiality 0.65
Atmos Energy raises $800M in senior notes offering: $300M 5.450% notes due 2032, $500M 5.750% notes due 2052
ATMOS ENERGY CORP
- Issued $300M of 5.450% Senior Notes due 2032 and $500M of 5.750% Senior Notes due 2052 on October 3, 2022.
- Net proceeds after underwriting discount and expenses were approximately $789.4M.
- Notes are unsecured senior obligations ranking equally with existing unsubordinated debt.
- 2032 Notes mature October 15, 2032; 2052 Notes mature October 15, 2052; interest payable semi-annually.
- Redemption at option of Atmos Energy at any time; covenants limit liens, sale/leaseback, mergers, and asset sales.