WEC Energy Group Inc. has announced the issuance of $900 million in 3.375% Convertible Senior Notes due 2028, under a new financial agreement. The notes were issued on June 10, 2025, under an Indenture with The Bank of New York Mellon Trust Company, N.A. acting as trustee. This issuance includes $125 million in additional notes, exercised in full by the initial purchasers under a Purchase Agreement dated June 5, 2025. The notes will bear interest payable semiannually and will mature on June 1, 2028. They are senior unsecured obligations, ranking above subordinated indebtedness. Holders have conversion options under specific conditions, including stock price performance and corporate events.
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