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FirstEnergy Extends Deadline for Exchange of $850 Million Worth of Debt Notes

FirstEnergy Extends Deadline for Exchange of $850 Million Worth of Debt Notes

MT newswireMT newswire2026/10/19 12:59
08:59 AM EDT, 10/19/2026 (MT Newswires) -- FirstEnergy's (FE) Pennsylvania Electric subsidiary has extended its offer to exchange up to $850 million worth of debt until Oct. 30, from the previous deadline of Oct. 16, the company said Monday. The exchange offer is for $300 million worth of outstanding unregistered 4.150% senior notes due 2028 and $550 million worth of outstanding unregistered 4.550% senior notes due 2031 for new registered versions of the notes, the company said. A total of $845 million worth of notes were already tendered as of the previous deadline, the company said.
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