WEC Energy Group, Inc. has entered into an Underwriting Agreement for the public offering and sale of $2 billion in aggregate principal amount of two series of Junior Subordinated Notes.
Key Details
- Offering Details: The offering consists of two tranches: $1.0 billion of 6.750% Series 2026A Notes and $1.0 billion of 6.950% Series 2026B Notes.
- Terms: Both series of notes are Fixed-to-Fixed Reset Rate Junior Subordinated Notes and are due in 2057.
- Agreement Date: The company entered into the Underwriting Agreement on November 2, 2026, with underwriters represented by Citigroup, J.P. Morgan, RBC Capital Markets, TD Securities, and Wells Fargo Securities.