Essential Utilities issues $500 million of 5.250% senior notes due 2035
Essential Utilities, Inc. issued $500 million of 5.250% Senior Notes due August 15, 2035, with the offering closing on August 7, 2025. The notes were sold in a registered public offering under an existing S-3 shelf registration, and the filing sets out the indenture terms, including semi-annual interest and a make-whole redemption option before the May 15, 2035 par call date.
Key points
- Principal amount: $500 million; interest rate 5.250% per year, payable February 15 and August 15, starting February 15, 2026.
- Maturity date: August 15, 2035; redeemable before the May 15, 2035 par call date at the greater of a make-whole amount and principal, plus accrued interest.
- Underwriting agreement dated August 5, 2025 with BofA Securities, Inc., Wells Fargo Securities, LLC and Huntington Securities, Inc. as representatives; the company agreed to indemnify the underwriters.
- Indenture is with U.S. Bank Trust Company, National Association, as successor trustee; the filing does not state how the proceeds will be used.
The filing
Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 07, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.