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Public Service Enterprise Group logoPublic Service Enterprise Group PEG

The company said it completed a public offering of $750,000,000 in aggregate principal amount of 5.200% Senior Notes due 2029 on March 27, 2024.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it completed a public offering of $750,000,000 in aggregate principal amount of 5.200% Senior Notes due 2029 on March 27, 2024.

  2. The company said it also completed the offering of $500,000,000 in aggregate principal amount of 5.450% Senior Notes due 2034 on March 27, 2024.

  3. PSEG said it entered into an underwriting agreement with Barclays Capital Inc., BofA Securities, Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC on March 25, 2024, under which the underwriters agreed to buy the notes for resale to the public.

  4. The company said it sold the notes under Form S-3 registration statement (File No. 333-275509), and that each series is governed by an indenture dated November 1, 1998, with U.S. Bank Trust Company, National Association serving as successor trustee.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Completes $750,000,000 Senior Notes Offering Due 2029

The company said it completed a public offering of $750,000,000 in aggregate principal amount of 5.200% Senior Notes due 2029 on March 27, 2024.

Source · Based on the filing body and exhibits

Issues $500,000,000 Senior Notes Due 2034

The company said it also completed the offering of $500,000,000 in aggregate principal amount of 5.450% Senior Notes due 2034 on March 27, 2024.

Source · Based on the filing body and exhibits

Underwriting Agreement and Lead Underwriters

PSEG said it entered into an underwriting agreement with Barclays Capital Inc., BofA Securities, Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC on March 25, 2024, under which the underwriters agreed to buy the notes for resale to the public.

Source · Based on the filing body and exhibits

Form S-3 Registration Statement and 1998 Indenture Governing Notes

The company said it sold the notes under Form S-3 registration statement (File No. 333-275509), and that each series is governed by an indenture dated November 1, 1998, with U.S. Bank Trust Company, National Association serving as successor trustee.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.