01—Abstract
Summary
Summary of the 8-K filed March 13, 2026. Cited figures are marked; the original filing is the authoritative source.
Sempra (SRE) announced on March 13, 2026, the successful closing of a public offering and sale of $800 milliona in aggregate principal amount of 5.250% Notes due 2036.
The net proceeds to the company, after deducting underwriting discounts but before estimated offering expenses of approximately $2.0 millionb, were approximately $793.4 million. This debt issuance was registered under the company's effective shelf registration statement on Form S-3. The newly issued notes carry a fixed annual interest rate of 5.250% and mature on March 15, 2036.
Interest payments will be made semi-annually on March 15 and September 15, commencing September 15, 2026. The company retains the option to redeem these notes prior to maturity, subject to terms outlined in the associated documentation.
02—Key points
Key Highlights
- Sempra successfully closed a $800 million public offering of 5.250% Notes due 2036.
- The notes will mature on March 15, 2036.
- The annual interest rate on the notes is fixed at 5.250%.
- Proceeds from the offering, after discounts and before expenses, amounted to approximately $793.4 million.
- Interest payments are scheduled semi-annually, beginning September 15, 2026.
- Sempra has the option to redeem the notes prior to maturity.
03—Questions
Frequently Asked Questions
What is the purpose of this debt issuance?
While the specific use of proceeds is not detailed in this 8-K filing, debt issuances like this are typically used to fund capital expenditures, refinance existing debt, or for general corporate purposes. Investors should refer to Sempra's other filings or investor relations for specific details on capital allocation.
What is the credit risk associated with these new notes?
The credit risk is tied to Sempra's overall financial health and credit ratings. Investors should review Sempra's credit ratings from agencies like Moody's or S&P, and its financial statements for a comprehensive assessment of its ability to meet its debt obligations.
When will Sempra begin making interest payments on these notes?
Interest payments will commence on September 15, 2026, and will be paid semi-annually thereafter on March 15 and September 15 of each year.
Can Sempra repay these notes before their maturity date in 2036?
Yes, the company has the option to redeem the notes prior to maturity. The specific redemption prices and terms would be detailed in the form of note and officers' certificate filed as exhibits to this report.
04—Continue