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FirstEnergy Transmission, LLC Announces Launch of Exchange Offer For its 4.750% Senior Notes Due 2033
FirstEnergy Transmission, LLC ("FET" or the "Company"), a subsidiary of FirstEnergy Corp. (NYSE: FE) and a holding company of electric transmission companies operating in Ohio, Pennsylvania, West Virginia, Maryland and Virginia, today announced an offer to exchange up to $450 million aggregate principal amount of its outstanding 4.750% Senior Notes due 2033 (the "Outstanding Notes") for an equal amount of 4.750% Senior Notes due 2033 registered under the Securities Act of 1933, as amended (the "
About this update from Firstenergy Corp.
[{"type":"text","content":"FAIRMONT, W.Va., Dec. 5, 2025 /PRNewswire/ -- FirstEnergy Transmission, LLC ("FET" or the "Company"), a subsidiary of FirstEnergy Corp. (NYSE: FE) and a holding company of electric transmission companies operating in Ohio, Pennsylvania, West Virginia, Maryland and Virginia, today announced an offer to exchange up to $450 million aggregate principal amount of its outstanding 4.750% Senior Notes due 2033 (the "Outstanding Notes") for an equal amount of 4.750% Senior Notes due 2033 registered under the Securities Act of 1933, as amended (the "New Notes").","length":598,"tagName":"p"},{"type":"image","alt":"FirstEnergy Corp. Logo (PRNewsfoto/FirstEnergy Corp.)","displaySize":"","headline":null,"caption":"FirstEnergy Corp. Logo (PRNewsfoto/FirstEnergy Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":156,"url":"https://media.zenfs.com/en/prnewswire.com/2a99b577b4d2ad4d6d7492945c9a5732"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/bX6S.Xffy384KN5ZiA4dHg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI3NTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/2a99b577b4d2ad4d6d7492945c9a5732","width":400,"height":156}},"href":"https://mma.prnewswire.com/media/543843/FirstEnergy_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The exchange offer will expire at 5:00 p.m., New York City time, on January 7, 2026, unless extended. Tenders of Outstanding Notes must be made before the exchange offer expires and may be withdrawn any time prior to the expiration of the exchange offer. The exchange offer is being made to satisfy the Company's obligations under a registration rights agreement entered into in connection with the issuance of the Outstanding Notes and does not represent a new financing transaction.","length":488,"tagName":"p"},{"type":"text","content":"The terms of the exchange offer are set forth in a prospectus dated December 5, 2025. Copies of the prospectus and the other exchange offer documents may be obtained from the exchange agent:","length":190,"tagName":"p"},{"type":"text","content":"U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION","length":45,"tagName":"p","attribs":{}},{"type":"text","content":"By Mail or in Person","length":20,"tagName":"p","attribs":{}},{"type":"text","content":"U.S. Bank Trust Company, National Asso...