secwatch / observer
8-K filed June 23, 2023, 7:59 PM ET CIK 0001968445
debt confidence high sentiment neutral materiality 0.50

SIGECO Securitization I, LLC: debt financing — SIGECO Securitization I issues $341.45M in Series 2023-A Senior Secured Securitization Bonds

SIGECO Securitization I, LLC

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

SIGECO Securitization I, LLC incurred senior notes of $341,450,000 aggregate principal amount with U.S. Bank Trust Company, National Association.

Instrument
senior notes
Principal
$341,450,000 aggregate principal amount
Counterparty
U.S. Bank Trust Company, National Association
Event
incurrence
Exact text from the filing
On June 21, 2023, Southern Indiana Gas and Electric Company (“SIGECO”), an indirect wholly owned subsidiary of CenterPoint Energy, Inc., a Texas corporation (“CenterPoint Energy”), and SIGECO Securitization I, LLC (the “Issuing Entity”) entered into an Underwriting Agreement (the “Underwriting Agreement”) with Barclays Capital Inc. and Citigroup Global Markets Inc., as representatives of the underwriters named therein (collectively, the “Underwriters”), with respect to the purchase and sale of $341,450,000 aggregate principal amount of the Issuing Entity’s Series 2023-A Senior Secured Securitization Bonds (the “Bonds”) to be issued by the Issuing Entity pursuant to an Indenture and Series Supplement, each to be dated as of June 29, 2023, by and among the Issuing Entity, U.S. Bank Trust Company, National Association, as trustee (the “Trustee”) and U.S. Bank National Association, as securities intermediary.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

SIGECO Securitization I, LLC entered into Underwriting Agreement with Barclays Capital Inc. and Citigroup Global Markets Inc., as representatives of the underwriters named therein valued at $341,450,000 (effective 2023-06-21).

Action
entry
Agreement
underwriting
Counterparty
Barclays Capital Inc. and Citigroup Global Markets Inc., as representatives of the underwriters named therein
Value
$341,450,000
Effective
2023-06-21
Exact text from the filing
On June 21, 2023, Southern Indiana Gas and Electric Company (“SIGECO”), an indirect wholly owned subsidiary of CenterPoint Energy, Inc., a Texas corporation (“CenterPoint Energy”), and SIGECO Securitization I, LLC (the “Issuing Entity”) entered into an Underwriting Agreement (the “Underwriting Agreement”) with Barclays Capital Inc. and Citigroup Global Markets Inc., as representatives of the underwriters named therein (collectively, the “Underwriters”), with respect to the purchase and sale of $341,450,000 aggregate principal amount of the Issuing Entity’s Series 2023-A Senior Secured Securitization Bonds
View on SEC.gov

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Source: SEC EDGAR
accession 0001193125-23-173876
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