Southern California Gas Company Issues $500 Million in Bonds

Details

The bonds were issued under a Supplemental Indenture and will bear interest at a rate of 5.500% per annum, payable semiannually. The proceeds from the sale, after deducting the underwriting discount and other offering expenses, were 98.755% of the aggregate principal amount of the bonds.

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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.