debt
confidence high
sentiment neutral
materiality 0.35
SDG&E closes $850M offering of 5.400% First Mortgage Bonds due 2035
SEMPRA
- $850M aggregate principal of 5.400% First Mortgage Bonds, Series CCCC, due 2035.
- Proceeds after underwriting discount at 99.070% of principal; offering expenses ~$2M.
- Bonds mature April 15, 2035; interest payable semiannually starting Oct 15, 2025.
- Bonds are redeemable prior to maturity at specified prices per supplemental indenture.
- Issued by San Diego Gas & Electric, indirect subsidiary of Sempra (SRE).