---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-028612"
form_type: "8-K"
ticker: "MGEE"
cik: "0001161728"
company_name: "MGE ENERGY INC"
filed_at: "2026-01-29T23:59:59+00:00"
generated_at: "2026-05-16T06:17:31.877304+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# MGE Energy subsidiary redeems final $1.2M mortgage bonds, discharges 1946 indenture

## Summary
- MGE redeemed all $1.2M of its outstanding 7.70% First Mortgage Bonds due 2028, the last series under the Indenture.
- The Indenture of Mortgage and Deed of Trust dated Jan 1, 1946, which secured MGE's utility plant assets, has been discharged.
- MGE is recording the satisfaction to remove the lien and will not issue additional first mortgage bonds under the Indenture.
- The discharge eliminates the security interest on MGE's utility plant assets, simplifying its capital structure.

## SEC filing metadata
- accession: 0001193125-26-028612
- form_type: 8-K
- ticker: MGEE
- cik: 0001161728
- company_name: MGE ENERGY INC
- filed_at: 2026-01-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1161728/000119312526028612/0001193125-26-028612-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/61339/000119312526028612/mgee-20260127.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-028612
- JSON: https://secwatch.observer/filing/0001193125-26-028612.json
- Plain text: https://secwatch.observer/filing/0001193125-26-028612.txt

## Key facts
- Material Agreements
  MGE ENERGY INC terminated Indenture of Mortgage and Deed of Trust dated January 1, 1946 with U.S. Bank Trust Company, National Association valued at All outstanding 7.70% First Mortgage Bonds due 2028 redeemed and indenture discharged; total $1.2 mi (effective 2026-01-27).
  - Action: termination
  - Agreement: notes offering
  - Counterparty: U.S. Bank Trust Company, National Association
  - Value: All outstanding 7.70% First Mortgage Bonds due 2028 redeemed and indenture discharged; total $1.2 mi
  - Effective: 2026-01-27
  source text: On January 27, 2026, Madison Gas and Electric Company ("MGE"), satisfied and discharged its Indenture of Mortgage and Deed of Trust, dated as of January 1, 1946 (as amended and supplemented, the "Indenture"), between MGE and U.S. Bank Trust Company, National Association, as successor trustee (the "Trustee").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1161728/000119312526028612/0001193125-26-028612-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.