8-KAccepted Sep 25, 9:10 AM ET
Dominion Energy South Carolina Prices $300M 6.15% Bonds
Accepted (ET)
9:10 AM
Sep 25, 2026
Filed
Sep 25, 2026
Documents
13
Size
338.8 KB
Summary
Dominion Energy South Carolina Prices $300M 6.15% Bonds
What Happened
Dominion Energy South Carolina, Inc. announced on September 21, 2026 that it entered an underwriting agreement to sell $300,000,000 aggregate principal of its 2026 Series A 6.15% First Mortgage Bonds due 2056. The bonds will be issued under the company’s April 1, 1993 Indenture and were registered on the company’s Form S-3 shelf (effective February 23, 2024). The underwriting is led by BNP Paribas Securities Corp. and Scotia Capital (USA) Inc.
Key Details
- Amount: $300,000,000 aggregate principal.
- Coupon and maturity: 6.15% interest, due 2056 (long-term, fixed-rate debt).
- Date/parties: Underwriting agreement dated September 21, 2026; representatives are BNP Paribas Securities Corp. and Scotia Capital (USA) Inc.
- Documentation filed: Underwriting Agreement (Exhibit 1.1) and related legal opinion/consent (Exhibits 5.1 and 23.1) were included with the Form 8-K.
Why It Matters
This filing notifies investors that the company is issuing long-term secured debt (First Mortgage Bonds) which will increase outstanding long-term liabilities and add fixed interest obligations at a 6.15% coupon. Investors should note the maturity (2056) and that the filing does not specify the use of proceeds; details on how the company will deploy the cash or any impact on credit metrics were not included in this 8-K. The transaction was completed under the company’s existing shelf registration and includes customary underwriting and legal documents filed with the SEC.