secwatch.observer — SEC 8-K summary
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Issuer:     TAMPA ELECTRIC CO (—)
CIK:        0000096271
Form:       8-K
Filed at:   2024-02-01T23:59:59+00:00
Accession:  0001193125-24-021168
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tampa Electric completes $500M issuance of 4.90% Notes due 2029
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- Issued $500M of 4.90% Notes due 2029 at 99.932% of par; net proceeds ~$495.3M.
- Notes mature March 1, 2029; interest paid semi-annually starting Sep 1, 2024.
- Unsecured, rank equally with other unsecured debt; redeemable at T+15bps before Feb 1, 2029.
- Event of default includes 30-day interest non-payment, principal non-payment, bankruptcy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/96271/000119312524021168/0001193125-24-021168-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/96271/000119312524021168/d749561d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-021168

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