debt
confidence high
sentiment neutral
materiality 0.50
SoCalGas closes $650M public offering of 5.900% bonds due 2056
SEMPRA
- Issued $650M aggregate principal of 5.900% First Mortgage Bonds, Series FFF, due June 1, 2056.
- Proceeds to issuer after underwriting discount: 98.661% of principal, before ~$1.4M estimated expenses.
- Interest payable semiannually on June 1 and December 1, starting December 1, 2026.
- Bonds redeemable at company's option prior to maturity; terms in supplemental indenture.
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