debt
confidence high
sentiment neutral
materiality 0.55
Sempra closes $1B floating-rate note offering due 2028, SOFR+0.670%
SEMPRA
- Issued $1B aggregate principal of Floating Rate Notes due Jan 7, 2028; net proceeds ~$998.5M after underwriting discount.
- Interest at Compounded SOFR + 0.670% per annum, payable quarterly starting Oct 7, 2026.
- Notes not redeemable at issuer's option before maturity; underwritten by BMO Capital Markets and Academy Securities.