San Diego Gas files $1.2 billion shelf for debt, bonds and preferreds

By Devika Patel

Knoxville, Tenn., May 24 - San Diego Gas & Electric Co. filed a $1.2 billion shelf registration in an S-3 filing with the Securities and Exchange Commission. The shelf includes $900 million of securities previously registered but unsold.

The registration covers first mortgage bonds, debt securities and preferred stock.

Proceeds will be used to expand and improve the company's utility plant, to refund and retire debt and for working capital and other general corporate purposes.

The San Diego-based utility is a subsidiary of Sempra Energy.

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