debt
confidence high
sentiment neutral
materiality 0.50
SDG&E issues $850M of 5.400% First Mortgage Bonds due 2035
SEMPRA
- $850M aggregate principal amount, 5.400% coupon, maturity 2035.
- Public offering price 99.720% of par; underwriters include CIBC, Morgan Stanley, TD Securities, U.S. Bancorp.
- Bonds are First Mortgage Bonds, Series CCCC, issued under SDG&E's shelf registration.
- Proceeds for general corporate purposes; underwriting agreement dated March 24, 2025.
- SDG&E is an indirect subsidiary of Sempra (SRE); parent guarantees none of the bonds.