OGE · 10-Q · 2026Q1 · Full report
Issuance of Long-Term Debt
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. Proceeds were added to OG&E's general funds and used for general corporate purposes, including repayment of short-term debt and borrowings under its revolving credit facility, and funding OG&E's capital investment program and working capital needs. The issuance increased OG&E's long-term funding capacity to support capital investments and liquidity management. The company continues to monitor access to capital and maintain credit facilities to support operations.
Key facts
- On April 1, 2026, OG&E issued $350.0 million of 5.90 percent senior notes due April 1, 2056 and added the proceeds to OG&E's general funds.
- OG&E stated proceeds from the April 1, 2026 senior notes were used for general corporate purposes including repayment of short-term debt, repayment of borrowings under OG&E's revolving credit facility, and funding OG&E's capital investment program and working capital needs.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | committed | +2.1% | On April 1, 2026, OG&E issued $350.0 million of 5.90 percent senior notes due April 1, 2056 and added the proceeds to OG&E's general funds. |