---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-288787"
form_type: "8-K"
ticker: "EVRG"
cik: "0001711269"
company_name: "Evergy, Inc."
filed_at: "2023-12-05T23:59:59+00:00"
generated_at: "2026-06-07T18:05:23.584604+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Evergy upsizes convertible note offering to $1.2B at 4.5%, priced with 22.5% conversion premium

## Summary
- Upsized private placement of $1.2B 4.50% convertible notes due 2027, up $100M from prior announcement.
- Initial conversion price ~$61.80/share (22.5% premium over Dec 4 close of $50.45).
- Net proceeds ~$1.181B; to repay $500M term loan due 2024, commercial paper, and general corporate purposes.
- Interest payable semiannually; notes mature Dec 15, 2027; no redemption prior to maturity.
- Initial purchasers granted 13-day option to buy additional $200M notes.

## SEC filing metadata
- accession: 0001193125-23-288787
- form_type: 8-K
- ticker: EVRG
- cik: 0001711269
- company_name: Evergy, Inc.
- filed_at: 2023-12-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1711269/000119312523288787/0001193125-23-288787-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1711269/000119312523288787/d521162d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-288787
- JSON: https://secwatch.observer/filing/0001193125-23-288787.json
- Plain text: https://secwatch.observer/filing/0001193125-23-288787.txt

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