Sempra
San Diego Gas & Electric Company Announces $850 Million Bond Issuance
Summary
On March 24, 2025, San Diego Gas & Electric Company, an indirect subsidiary of Sempra, announced the issuance of $850 million aggregate principal amount of its 5.400% First Mortgage Bonds, Series CCCC, due 2035. The bonds will be sold to several underwriters at a public offering price of 99.720% of the aggregate principal amount. The bonds are offered under a prospectus supplement and related prospectus filed with the U.S. Securities and Exchange Commission. This announcement is made pursuant to Item 8.01 of Form 8-K and includes the Underwriting Agreement as Exhibit 1.1.
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About Sempra
Sempra is a diversified energy services company primarily engaged in the generation, transmission, and distribution of electricity and natural gas. As a key player in the energy sector, Sempra operates through several key subsidiaries, focusing on different aspects of utility services and renewable energy solutions. The company serves millions of consumers across North America, emphasizing sustainable practices and the integration of renewable energy sources into its grid. Its investments in liquefied natural gas (LNG) exports and infrastructure position Sempra as a significant contributor to global energy markets. By balancing traditional energy production with innovative, sustainable solutions, Sempra plays a critical role in meeting the growing energy demands while aligning with global decarbonization efforts. Its strategic initiatives aim to provide reliable energy solutions while supporting economic growth and environmental stewardship in its service areas.
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