OGE · 10-Q · 2026Q1 · Full report
Outstanding Indebtedness
OGE ENERGY CORP. · 2026-04-29 · Importance 56 · Surprise 42
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 general funds.,Proceeds from the issuance 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.,OGE Energy reported an average short-term debt balance of $429.6 million in Q1 2026 with a weighted-average interest rate of 3.95 percent and a maximum month-end short-term balance of $516.5 million.
Key facts
- Interest expense for OG&E for the three months ended March 31, 2026: $50.0 million versus $56.8 million in 2025.
- Interest expense decreased $6.8 million, or 12.0 percent, year-over-year for the three months ended March 31, 2026.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | +0.9% | Interest expense for OG&E for the three months ended March 31, 2026: $50.0 million versus $56.8 million in 2025. |