OGE · 10-Q · 2026Q1 · Full report

Long-term Debt Issuance

OGE ENERGY CORP. · 2026-04-29 · Importance 96 · Surprise 100

On April 1, 2026 OG&E issued $350.0 million of 5.90% senior notes due April 1, 2056, adding long-term fixed-rate funding to the capital structure. Proceeds were allocated to general corporate purposes including repayment of short-term debt, repayment of borrowings under the revolving credit facility, and funding of the capital investment program and working capital needs. The issuance supports liquidity and reduces reliance on short-term borrowings for capex funding. The new notes are a material financing action taken in early 2026 to fund investment and refinance short-term obligations.