SEC Form 8-K filed by DBA Sempra

 

 

 

 

 

 

 

Check the appropriate box below if the Form filing is intended to simultaneously satisfy the filing obligation of the registrants under any of the following provisions:

 

 

 

 

SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:

 

SOUTHERN CALIFORNIA GAS COMPANY:

None

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule of the Securities Exchange Act of 1934 (17 CFR

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

On May 16, 2025, Southern California Gas Company (the “Company”), an indirect subsidiary of Sempra, closed its previously announced public offering and sale of $600,000,000 aggregate principal amount of its 5.450% First Mortgage Bonds, Series DDD, due 2035 (the “Series DDD Bonds”) and $500,000,000 aggregate principal amount of its 6.000% First Mortgage Bonds, Series EEE, due 2055 (the “Series EEE Bonds”) with proceeds to the Company (after deducting the underwriting discounts but before deducting the Company’s other offering expenses estimated at approximately $2.1 million) of (i) 98.892% of the aggregate principal amount of the Series DDD Bonds, and (ii) 97.774% of the aggregate principal amount of the Series EEE Bonds. The sale of the Series DDD Bonds and Series EEE Bonds was registered under the Company’s Registration Statement

The Series DDD Bonds were issued pursuant to a Supplemental Indenture, dated as of May 16, 2025 (the “Series DDD Supplemental Indenture”), which is filed herewith as Exhibit 4.1. The Series DDD Bonds will mature on June 15, 2035. The Series DDD Bonds will bear interest at the rate of 5.450% per annum. Interest on the Series DDD Bonds will accrue from May 16, 2025 and is payable semiannually in arrears on June 15 and December 15 of each year, beginning on December 15, 2025. The Series DDD Bonds will be redeemable prior to maturity, at the Company’s option, at the redemption prices described in the form of Series DDD Bond, which form is included in Exhibit 4.1 hereto.

The Series EEE Bonds were issued pursuant to a Supplemental Indenture, dated as of May 16, 2025 (the “Series EEE Supplemental Indenture”), which is filed herewith as Exhibit 4.2. The Series EEE Bonds will mature on June 15, 2055. The Series EEE Bonds will bear interest at the rate of 6.000% per annum. Interest on the Series EEE Bonds will accrue from May 16, 2025 and is payable semiannually in arrears on June 15 and December 15 of each year, beginning on December 15, 2025. The Series EEE Bonds will be redeemable prior to maturity, at the Company’s option, at the redemption prices described in the form of Series EEE Bond, which form is included in Exhibit 4.2 hereto.

The foregoing descriptions of some of the terms of the Series DDD Bonds and Series EEE Bonds are not complete and are qualified in their entirety by the form of Series DDD Bond and the Series DDD Supplemental Indenture and the form of Series EEE Bond and the Series EEE Supplemental Indenture, which are filed as exhibits herewith and are incorporated herein by reference. Further information regarding the sale of the Series DDD Bonds and Series EEE Bonds is contained in the Underwriting Agreement, dated May 12, 2025, which was filed as Exhibit 1.1 to the Company’s Current Report on Form filed with the U.S. Securities and Exchange Commission on May 13, 2025.

 

(d) Exhibits.

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.