Sempra Energy completes $1 billion floating rate bond offering

Sempra Energy (NYSE: SRE) completed a $1 billion public offering of floating rate notes due 2028, the company announced. The energy company closed the offering on June 9, 2026.

The company received approximately $998.5 million in proceeds after underwriting discounts, with estimated offering expenses of $1.7 million. BMO Capital Markets Corp. and Academy Securities, Inc. served as representatives for the underwriters.

The notes were priced at 100% of their principal amount and will bear interest at a floating rate of Compounded SOFR plus 0.670% per annum. Interest payments will be made quarterly beginning October 7, 2026, with the notes maturing on January 7, 2028.

The notes cannot be redeemed by Sempra prior to their maturity date. The offering was registered under the company's shelf registration statement on Form S-3 filed with the Securities and Exchange Commission.

The underwriting agreement was executed on June 4, 2026, with the notes sold to underwriters for public resale.

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