WISCONSIN ELECTRIC POWER CO Issues $300M 5.10% Debentures (2036)

What Happened Wisconsin Electric Power Company announced in an 8‑K (Item 8.01) that on August 19, 2026 it entered into an Underwriting Agreement to issue $300,000,000 aggregate principal amount of 5.10% Debentures due June 15, 2036. The offering is registered under the Securities Act pursuant to Form S‑3 (Registration No. 333-279581). These new debentures are part of the same series as the $400,000,000 5.10% Debentures the company issued on June 4, 2026; after this offering the aggregate principal amount outstanding for the series is $700,000,000.

Key Details

• Underwriting Agreement dated August 19, 2026 for $300,000,000 principal.
• Coupon: 5.10% interest; maturity: June 15, 2036.
• These debentures are the same series as the $400,000,000 5.10% Debentures issued June 4, 2026.
• Aggregate principal amount outstanding after the offering: $700,000,000.

Why It Matters This filing documents additional long‑term, fixed‑rate borrowing by the company, increasing the total outstanding of this debenture series to $700M. For investors, that means higher fixed interest obligations at a 5.10% coupon through 2036, which can affect future interest expense and leverage metrics. The offering was made under a registered S‑3 shelf, which can facilitate market access for the company. No other material changes were reported in the filing.