PUBLIC SERVICE ENTERPRISE GROUP INC 8-K

What Happened
Public Service Enterprise Group Incorporated (PSEG) announced on June 3, 2026 that it completed a public offering of $500,000,000 aggregate principal amount of 4.800% Senior Notes due 2031. The offering was made under PSEG’s Form S-3 registration statement (File No. 333-275509) with a prospectus supplement dated June 1, 2026. The underwriting agreement, dated June 1, 2026, lists Barclays Capital Inc., Citigroup Global Markets Inc. and Goldman Sachs & Co. LLC as representatives of the underwriters.

Key Details

• Amount: $500,000,000 aggregate principal of Senior Notes.
• Coupon and maturity: 4.800% interest rate, due 2031.
• Dates and documents: Offering completed June 3, 2026; prospectus supplement dated June 1, 2026; offering made under Form S-3 registration.
• Legal/structural: Notes issued under the company’s indenture (dated Nov. 1, 1998) with U.S. Bank Trust Company, N.A. as trustee; PSEG filed a legal opinion regarding the notes’ legality (Exhibit 5).

Why It Matters
This issuance increases PSEG’s outstanding long-term debt by $500 million and creates a fixed-rate interest obligation at 4.800% through 2031. For investors, this affects the company’s debt profile and future interest expense (fixed coupon payments until maturity). The offering was registered and underwritten, and formal legal and indenture documents were filed, indicating a standard, disclosed financing transaction rather than a private placement.