debt
confidence high
sentiment neutral
materiality 0.55
Evergy issues $500M of 6.65% junior subordinated notes due 2055
Evergy, Inc.
- $500M aggregate principal of 6.65% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2055 issued Dec 5, 2024.
- Underwriters include BofA Securities, Citigroup, J.P. Morgan, MUFG Securities, Wells Fargo Securities.
- Notes issued under subordinated indenture; supplemental indenture with BNY Mellon as trustee.
- Registration statement on Form S-3 effective Aug 2024; legal opinions filed for validity and tax.