AI English summary of an SEC filing — figures as filed
The company said it entered into an underwriting agreement with the underwriters on March 12, 2024 and would issue and sell $500,000,000 in principal amount of its 5.600% First Mortgage Bonds, Series BBB, due 2054.
Key points
AI summaryThe company said it entered into an underwriting agreement with the underwriters on March 12, 2024 and would issue and sell $500,000,000 in principal amount of its 5.600% First Mortgage Bonds, Series BBB, due 2054.
The company said the bonds will be sold to underwriters led by BBVA Securities Inc., J.P. Morgan Securities LLC, MUFG Securities Americas Inc. and Wells Fargo Securities, LLC, and resold at a public offering price of 99.350% of the principal amount.
The company said the bonds are being offered in a registered public offering under a prospectus supplement and related prospectus filed under Southern California Gas Company's effective Form S-3 shelf registration statement (File No. 333-270939).
Southern California Gas Company said it filed the March 12, 2024 underwriting agreement as Exhibit 1.1 to this 8-K, and said the filing does not constitute an offer to sell or a solicitation of an offer to buy securities.
Summary
AI-writtenAnalysis 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.
Southern California Gas Company Prices $500,000,000 First Mortgage Bonds Underwriting Agreement
The company said it entered into an underwriting agreement with the underwriters on March 12, 2024 and would issue and sell $500,000,000 in principal amount of its 5.600% First Mortgage Bonds, Series BBB, due 2054.
Source · Based on the filing body and exhibits
Public Offering Price 99.350%; 4 Brokerages Lead Underwriters
The company said the bonds will be sold to underwriters led by BBVA Securities Inc., J.P. Morgan Securities LLC, MUFG Securities Americas Inc. and Wells Fargo Securities, LLC, and resold at a public offering price of 99.350% of the principal amount.
Source · Based on the filing body and exhibits
Registered Offering Under Effective Form S-3 Shelf Registration
The company said the bonds are being offered in a registered public offering under a prospectus supplement and related prospectus filed under Southern California Gas Company's effective Form S-3 shelf registration statement (File No. 333-270939).
Source · Based on the filing body and exhibits
Underwriting Agreement Filed as Exhibit 1.1
Southern California Gas Company said it filed the March 12, 2024 underwriting agreement as Exhibit 1.1 to this 8-K, and said the filing does not constitute an offer to sell or a solicitation of an offer to buy securities.
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.
Loading the filing text…