New Jersey Resources unit issues $50 million in 5.43% senior notes due 2036
NJR•New Jersey Natural Gas issued $50 million of senior notes bearing 5.43% annual interest and maturing October 22, 2036. Proceeds will support general corporate purposes, including refinancing short-term debt and capital expenditures.
1. Note issuance details
New Jersey Natural Gas issued $50 million of Series 2026C senior notes on October 22, 2026. Interest is payable semiannually on April 22 and October 22, beginning April 22, 2027. An equal principal amount of First Mortgage Bonds secures the notes; New Jersey Resources has no direct or contingent obligation.
