FirstEnergy Corporation Announces Convertible Senior Notes Offering Totaling $1.8 Billion with Additional Purchaser Options
FirstEnergy Corporation has announced a proposed offering of convertible senior notes totaling $1.8 billion, split between $950 million due in 2029 and $850 million due in 2031. The company plans to use the proceeds for repurchasing existing notes, managing debt, and general corporate purposes. The notes are unsecured and convertible, with interest paid semiannually.
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