Summary
Sempra Energy (SRE) filed an 8-K on June 29, 2001, to report on a significant debt financing transaction. On June 26, 2001, the company entered into an underwriting agreement for the issuance and sale of $500 million in aggregate principal amount of 6.80% Notes due 2004. This transaction, expected to close around June 29, 2001, represents a material event for investors as it impacts the company's capital structure and liquidity. The primary purpose of this filing is to disclose the details of this new debt issuance. Investors should note the principal amount, interest rate, and maturity date of these notes. The filing also lists the relevant exhibits, including the underwriting agreement, pricing agreement, and form of officers' certificate, which provide further contractual details regarding this financing.
Key Highlights
- 1Sempra Energy entered into an underwriting agreement on June 26, 2001.
- 2The agreement is for the issuance and sale of $500,000,000 in aggregate principal amount of notes.
- 3The notes bear an interest rate of 6.80%.
- 4The notes have a maturity date in 2004.
- 5The transaction was expected to close on or about June 29, 2001.
- 6The filing includes exhibits such as the underwriting agreement and pricing agreement.