debt
confidence high
sentiment neutral
materiality 0.50
SDG&E closes $600M offering of 5.550% First Mortgage Bonds due 2054
SEMPRA
- Issued $600M aggregate principal of 5.550% First Mortgage Bonds, Series BBBB, due April 15, 2054.
- Proceeds to company at 98.109% of principal; after underwriting discount and ~$1.5M expenses.
- Interest payable semiannually on April 15 and October 15, beginning October 15, 2024.
- Bonds are redeemable prior to maturity; terms in Seventy-Sixth Supplemental Indenture.
- Offering registered under Sempra's existing shelf registration (File No. 333-269677).