PACIFICORP /OR/ 8-K

What Happened

• On February 5, 2026, PacifiCorp announced it completed the sale of $1,100,000,000 aggregate principal amount of 7.125% Fixed-to-Fixed Reset Rate Junior Subordinated Notes maturing August 15, 2056.
• The company filed the Second Supplemental Indenture dated February 5, 2026, between PacifiCorp and The Bank of New York Mellon Trust Company, N.A., as trustee, as an exhibit to the 8‑K (Item 8.01; exhibits under Item 9.01).

Key Details

• Offering size: $1,100,000,000 aggregate principal amount.
• Coupon: 7.125% (Fixed-to-Fixed Reset Rate).
• Maturity date: August 15, 2056.
• Filing: 8-K dated February 5, 2026; Second Supplemental Indenture attached as an exhibit.

Why It Matters

• This transaction raised long-term debt capital for PacifiCorp, increasing its outstanding subordinated notes by $1.1 billion and creating a fixed interest obligation at 7.125% through the stated terms.
• Investors should note the size, coupon and long maturity when considering PacifiCorp’s leverage, interest expense profile, and capital structure; the notes are junior subordinated debt (lower payment priority than senior debt).