-+ 0.00%
-+ 0.00%
-+ 0.00%
New Jersey Resources unit NJ Natural Gas prices USD 150 million private placement senior notes
Share
Listen to the news
New Jersey Resources unit NJ Natural Gas prices USD 150 million private placement senior notes
  • New Jersey Resources unit New Jersey Natural Gas entered a Note Purchase Agreement for USD 150 million of senior notes with institutional investors.
  • Closings set for Aug. 20, 2026 for Series 2026A and 2026B, each USD 50 million, with Series 2026C expected Oct. 22, 2026.
  • Financing includes 5.43% Senior Notes due Aug. 20, 2036, 6.04% Senior Notes due Aug. 20, 2056, 5.43% Senior Notes due Oct. 22, 2036.
  • Notes secured by an equal principal amount of NJNG First Mortgage Bonds; parent has no direct or contingent obligation.
  • Proceeds earmarked for general corporate purposes, including refinancing short-term debt, retiring borrowings, funding capital expenditures.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Jersey Resources Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-033890), on August 20, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending