secwatch.observer — SEC 8-K summary
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Issuer:     MGE ENERGY INC (MGEE)
CIK:        0001161728
Form:       8-K
Filed at:   2025-10-16T23:59:59+00:00
Accession:  0001193125-25-240982
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MGE subsidiary issues $50M in senior notes at 5.12% and 5.76% due 2036/2055
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- MGE commits to $25M 5.12% Series A Notes due 2036 and $25M 5.76% Series B Notes due 2055.
- Closing scheduled for Nov 13, 2025; net proceeds to fund capital expenditures and corporate obligations.
- Notes are unsecured, redeemable at par plus make-whole premium; change-of-control prepayment offer included.
- Covenant limits consolidated debt to 65% of total capitalization and Priority Debt to 20% of consolidated assets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1161728/000119312525240982/0001193125-25-240982-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/61339/000119312525240982/mgee-20251014.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-240982

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer