On March 20, 2026, San Diego Gas & Electric Company (SDG&E), an indirect subsidiary of Sempra, successfully closed its public offering of $625 million in 5.200% First Mortgage Bonds, Series DDDD, due 2036, and $475 million in 5.950% First Mortgage Bonds, Series EEEE, due 2056. The offering was registered under the company's Registration Statement on Form S-3 (File No. 333-269677). The proceeds from the Series DDDD Bonds were approximately 99.104% of the aggregate principal amount, while the Series EEEE Bonds were sold at about 98.517% of their aggregate principal amount. The bonds will bear interest at their respective rates, accruing from the closing date and payable semiannually, with the first payments scheduled for September 15, 2026. Both series of bonds are redeemable prior to maturity under specified conditions. This financing is expected to enhance SDG&E's liquidity and support its operational strategies, reflecting a positive outlook for the company’s financial health.
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