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Sempra logoSempra SRE

The company said Southern California Gas Company, an indirect subsidiary of Sempra, closed its public offering of $600,000,000 in aggregate principal amount of its 5.050% First Mortgage Bonds, Series CCC, due 2034, on August 14, 2024.

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

Key points

AI summary
  1. The company said Southern California Gas Company, an indirect subsidiary of Sempra, closed its public offering of $600,000,000 in aggregate principal amount of its 5.050% First Mortgage Bonds, Series CCC, due 2034, on August 14, 2024.

  2. The company said the proceeds from the bonds, after deducting the underwriting discount, were 98.864% of the principal amount, and that this is before deducting other offering expenses of approximately $1.6 million.

  3. The company said the bonds mature on September 1, 2034 and bear interest at 5.050% per year, accruing from August 14, 2024. Interest is payable semiannually in arrears on March 1 and September 1 of each year, beginning on March 1, 2025.

  4. The company said the bonds were issued under a Supplemental Indenture dated as of August 14, 2024 and may be redeemed at the company's option before maturity at the redemption prices set out in the form of bond.

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.

Southern California Gas Closes $600,000,000 First Mortgage Bonds Offering

The company said Southern California Gas Company, an indirect subsidiary of Sempra, closed its public offering of $600,000,000 in aggregate principal amount of its 5.050% First Mortgage Bonds, Series CCC, due 2034, on August 14, 2024.

Source · Based on the filing body and exhibits

98.864% Proceeds and Offering Costs

The company said the proceeds from the bonds, after deducting the underwriting discount, were 98.864% of the principal amount, and that this is before deducting other offering expenses of approximately $1.6 million.

Source · Based on the filing body and exhibits

Maturity on September 1, 2034, Interest Payment Terms

The company said the bonds mature on September 1, 2034 and bear interest at 5.050% per year, accruing from August 14, 2024. Interest is payable semiannually in arrears on March 1 and September 1 of each year, beginning on March 1, 2025.

Source · Based on the filing body and exhibits

Supplemental Indenture and Optional Redemption

The company said the bonds were issued under a Supplemental Indenture dated as of August 14, 2024 and may be redeemed at the company's option before maturity at the redemption prices set out in the form of bond.

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.