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Published on 9/19/2018 in the Prospect News Investment Grade Daily.

Southern California Gas to sell first mortgage bonds due 2049

By Devika Patel

Knoxville, Tenn., Sept. 19 – Southern California Gas Co. expects to price first mortgage bonds, series VV, due 2049, according to a 424B5 filed with the Securities and Exchange Commission.

Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, MUFG, UBS Securities LLC and Williams Capital Group LP are the bookrunners.

Proceeds will be used to repay commercial paper.

The natural gas distributor is based in Los Angeles.


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