New Jersey Resources Unit Issues $50 Million in 5.43% Senior Notes Due 2036
Bitget2026/10/23 12:03- New Jersey Resources subsidiary New Jersey Natural Gas issued $50 million of Senior Notes, Series 2026C, on October 22, 2026.
- The notes carry a 5.43% annual interest rate and mature October 22, 2036.
- Interest is payable semiannually on April 22 and October 22, starting April 22, 2027.
- An equal principal amount of First Mortgage Bonds secures the notes; the parent has no direct or contingent obligation.
- Proceeds will fund general corporate purposes, including refinancing or retiring short-term debt and funding capital expenditures.
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