Sempra Announces New Interest Payment Plan and Debt Redemption for First Mortgage Bonds

Reuters
05-17
Sempra Announces New Interest Payment Plan and Debt Redemption for First Mortgage Bonds

On May 16, 2025, Southern California Gas Company, an indirect subsidiary of Sempra, successfully closed its public offering, raising $1.1 billion through the issuance of two series of First Mortgage Bonds. The offering includes $600 million of 5.450% Series DDD Bonds maturing in 2035 and $500 million of 6.000% Series EEE Bonds maturing in 2055. Both series of bonds, which are registered under the company's Form S-3, will have interest payments made semiannually starting December 15, 2025. The bonds are also redeemable before maturity at the company's discretion, providing Sempra with strategic financial flexibility.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sempra published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-121699), on May 16, 2025, and is solely responsible for the information contained therein.

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