NYSE:OGEElectric Utilities
OGE Energy Issues Callable Notes As Valuation And Debt Come Into Focus
Oklahoma Gas and Electric Company, a subsidiary of OGE Energy (NYSE:OGE), announced a new fixed-income offering of callable senior and subordinated unsecured fixed rate notes.
The notes are structured as unsecured obligations and include both senior and subordinated tranches, with fixed interest rates.
The securities are callable, meaning the issuer may choose to redeem them before maturity, subject to the offering terms.
OGE Energy, through Oklahoma Gas and Electric, operates as a...