Sempra
Sempra Closes $800M Junior Subordinated Notes Offering
Summary
On August 29, 2025, Sempra completed the sale of $800 million aggregate principal amount of its 6.375% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2056. The notes, issued under an indenture dated June 26, 2019, bear interest at a fixed rate until April 2031 and then reset to the Five-year U.S. Treasury Rate plus a spread. Proceeds, net of underwriting discounts and offering expenses, were approximately $792 million and will be used to redeem part of the company's 4.875% Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock, Series C.
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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.
Official SEC Documents
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