Sempra Closes $1 Billion Public Offering of Floating Rate Notes Due 2028

Sempra has closed its public offering and sale of $1 billion aggregate principal amount of Floating Rate Notes due 2028. The company received net proceeds of approximately $998.5 million after deducting underwriting discounts but before an estimated $1.7 million in offering expenses.

Key Details

• Offering Size: $1,000,000,000 aggregate principal amount of Floating Rate Notes.
• Note Terms: The notes mature on January 7, 2028, and will bear interest at a floating rate equal to Compounded SOFR plus 0.670% per annum, payable quarterly.
• Proceeds: Net proceeds to Sempra are approximately $998.5 million, after the underwriting discount.
• Closing Date: The offering officially closed on June 9, 2026.