Sempra Secures $3B Credit Facility

TL;DR

Sempra just inked a new $3B credit line, up from $2B, giving them more cash flexibility.

AI Summary

Sempra announced on June 20, 2025, that it has entered into a new credit agreement. This agreement provides Sempra with a $3.0 billion revolving credit facility, which is a significant increase from its previous $2.0 billion facility. The new facility matures on June 20, 2030, and includes an option to extend for an additional year.

Why It Matters

This expanded credit facility provides Sempra with greater financial flexibility and liquidity to support its ongoing operations and strategic growth initiatives.

Risk Assessment

Risk Level: low — The filing is a routine update on a credit facility, which is standard corporate practice and does not indicate any immediate financial distress or significant new risks.

Key Numbers

• $3.0B — New Credit Facility (Increased liquidity for Sempra)
• $2.0B — Previous Credit Facility (Baseline for comparison)
• 5 years — Maturity Term (Duration of the new credit facility)

Key Players & Entities

• Sempra (company) — Registrant
• $3.0 billion (dollar_amount) — New revolving credit facility amount
• $2.0 billion (dollar_amount) — Previous revolving credit facility amount
• June 20, 2025 (date) — Date of report and earliest event
• June 20, 2030 (date) — Maturity date of the new credit facility

FAQ

From the Filing

0001032208-25-000038.txt : 20250623 0001032208-25-000038.hdr.sgml : 20250623 20250623065649 ACCESSION NUMBER: 0001032208-25-000038 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250620 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20250623 DATE AS OF CHANGE: 20250623 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SEMPRA CENTRAL INDEX KEY: 0001032208 STANDARD INDUSTRIAL CLASSIFICATION: GAS & OTHER SERVICES COMBINED [4932] ORGANIZATION NAME: 01 Energy & Transportation EIN: 330732627 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14201 FILM NUMBER: 251062936 BUSINESS ADDRESS: STREET 1: 488 8TH AVENUE CITY: SAN DIEGO STATE: CA ZIP: 92101 BUSINESS PHONE: 6196962000 MAIL ADDRESS: STREET 1: 488 8TH AVENUE CITY: SAN DIEGO STATE: CA ZIP: 92101 FORMER COMPANY: FORMER CONFORMED NAME: SEMPRA ENERGY DATE OF NAME CHANGE: 19980605 FORMER COMPANY: FORMER CONFORMED NAME: MINERAL ENERGY CO DATE OF NAME CHANGE: 19970205 8-K 1 sempra-20250620.htm 8-K sempra-20250620 0001032208 false 0001032208 2025-06-20 2025-06-20 0001032208 us-gaap:CommonStockMember 2025-06-20 2025-06-20 0001032208 sempra:Sempra5.75JuniorSubordinatedNotesDue2079Member 2025-06-20 2025-06-20 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 June 20, 2025 Date of Report (Date of earliest event reported) Sempra (Exact name of registrant as specified in its charter) California 1-14201 33-0732627 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 488 8th Avenue , San Diego , California 92101 (619) 696-2000 (Address of principal executive offices) (Zip Code) (Registrant's telephone number, including area code) N/A (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT: Title of Each Class Trading Symbol Name of Each Exchange on Which Registered Sempra Common Stock, without par value SRE New York Stock Exchange Sempra 5.75% Junior Subordinated Notes Due 2079, $25 par value SREA New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 7.01 Regulation FD Disclosure. Unified Tracker Mechanism In Texas, interim rate adjustment applications for capital investments are known as “capital tracker” filings, which are intended to reduce regulatory lag associated with certain transmission and distribution (T&D) capital investments. Under current rules, each year electric utilities may file up to two such applications to reflect changes in transmission-related capital investments and up to two such applications to reflect changes in distribution-related capital investments. Investments included in a capital tracker filing remain subject to prudency review in the utility’s next ba