The company said its indirect subsidiary, San Diego Gas & Electric Company, entered into an underwriting agreement on March 18, 2024 to sell 5.550% First Mortgage Bonds, Series BBBB, due 2054, in aggregate principal amount of $600,000,000 to the underwriters.

1. 01

   The company said its indirect subsidiary, San Diego Gas & Electric Company, entered into an underwriting agreement on March 18, 2024 to sell 5.550% First Mortgage Bonds, Series BBBB, due 2054, in aggregate principal amount of $600,000,000 to the underwriters.

2. 02

   The company said the bonds are to be resold at a public offering price of 98.984% of their principal amount, and that the representatives of the underwriters are Barclays Capital Inc., BNP Paribas Securities Corp., SMBC Nikko Securities America, Inc. and U.S. Bancorp Investments, Inc.

3. 03

   The company said the offering is a registered public offering made through a prospectus supplement and related prospectus filed with the SEC under its effective shelf registration statement on Form S-3 (File No. 333-269677).

4. 04

   The company said the underwriting agreement dated March 18, 2024 is attached as Exhibit 1.1. It explained that the filing does not constitute an offer to sell or a solicitation of an offer to buy securities, and that the securities are offered only through the prospectus supplement and related prospectus.

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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

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