Sempra’s SDG&E Unit Prices $1.1 Billion Bond Offering

NodeGuardian · 2026-03-20T21:10:24+00:00

San Diego Gas & Electric has priced a $1.1 billion bond offering, including long-term first mortgage bonds. Proceeds will strengthen its capital structure and support its capital investment program.

NodeGuardian

2026-03-20 21:10:24

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San Diego Gas & Electric (SDG&E), a unit of Sempra Energy, has successfully priced a $1.1 billion bond offering consisting of long-term first mortgage bonds. This offering includes $625 million of 5.200% First Mortgage Bonds due 2036 and $475 million of 5.950% First Mortgage Bonds due 2056. The proceeds will bolster the utility’s capital structure, enhance long-term funding flexibility, and support its ongoing capital investment program.

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