Sempra to price senior notes in two parts due 2025, 2029

By Marisa Wong

Los Angeles, March 21 – Sempra Energy (dba Sempra) intends to price fixed-rate senior notes in two tranches due 2025 and 2029, according to a 424B5 filing with the Securities and Exchange Commission.

The notes will feature a make-whole call and then a par call.

BofA Securities, Inc., Mizuho Securities USA LLC, Morgan Stanley & Co. LLC, PNC Capital Markets LLC and TD Securities (USA) LLC are the joint bookrunners.

Counsel for the issuer is provided by Latham & Watkins LLP and for the underwriters by Sidley Austin LLP.

Proceeds will be used for general corporate purposes, including repayment of commercial paper and potentially other debt.

Sempra is a San Diego-based energy services holding company.

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