NYSE:WTRGWater Utilities
Essential Utilities Issues 2036 Notes And Reshapes Long Term Debt Profile
Essential Utilities (NYSE:WTRG) has issued $500 million in new senior notes due 2036.
The transaction provides long term funding that can be used for general corporate purposes and future investment needs.
For investors tracking Essential Utilities at a current share price of $40.67, this new $500 million senior notes issuance is a meaningful update to the company’s capital structure. The move adds long term debt funding that can influence how the company balances its financing mix between...