NYSE:NJRGas Utilities
New Senior Note Sale Could Be a Game Changer for New Jersey Resources (NJR)
On August 21, 2025, New Jersey Resources announced it had sold US$200 million in senior notes to institutional investors, with proceeds earmarked for general corporate purposes, including debt refinancing and capital expenditures.
This move provides the company with additional liquidity and indicates a focus on maintaining operational flexibility by proactively managing its balance sheet.
We'll now explore how this recent senior note issuance could influence New Jersey Resources' ability to...