Evergy Prices $350 Million 4.250% Notes Due 2029

summarizeSummary

Evergy, Inc. announced the pricing of $350 million in 4.250% Notes due 2029, finalizing the terms of a debt offering to support its extensive capital investment plan.

check_boxKey Events

• Debt Offering Priced

  Evergy priced $350 million of 4.250% Notes due 2029, with a settlement date of March 10, 2026, at 99.988% of the principal amount.

• Supports Capital Investment Plan

  The proceeds from this offering will contribute to funding the company's extensive $21.6 billion capital investment plan through 2030, as detailed in its recent 10-K filing.

• Stable Credit Ratings

  The notes received stable ratings of Baa2 from Moody's and BBB from S&P Global Ratings, reflecting the company's creditworthiness.

auto_awesomeAnalysis

This Free Writing Prospectus (FWP) finalizes the terms and pricing of Evergy's $350 million debt offering, following the preliminary prospectus supplement filed earlier today. The successful issuance of these 4.250% Notes due 2029 provides Evergy with significant capital, which is crucial for funding its previously announced $21.6 billion capital investment plan through 2030. The offering is a substantial financing event for the utility, demonstrating its ability to access capital markets at standard rates with stable credit ratings, which is essential for its long-term infrastructure development.