Bond Puget Energy 2.379% ( US745310AM41 ) in USD
| Issuer | Puget Energy | ||||||||
| Market price | |||||||||
| Country | United States
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| ISIN code |
US745310AM41 ( in USD )
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| Interest rate | 2.379% per year ( payment 2 times a year) | ||||||||
| Maturity | 06/15/2028 | ||||||||
| Minimal amount | 2 000 USD | ||||||||
| Total amount | 499 390 000 USD | ||||||||
| Cusip | 745310AM4 | ||||||||
| Standard & Poor's ( S&P ) rating | BBB- ( Lower medium grade - Investment-grade ) | ||||||||
| Moody's rating | Baa3 ( Lower medium grade - Investment-grade ) | ||||||||
| Next Coupon | 12/15/2026 ( In 51 days ) | ||||||||
| Detailed description |
Puget Energy is a Washington state-based energy company providing electricity and natural gas to customers in western Washington, focusing on renewable energy sources and grid modernization. This financial article details a specific bond issuance, identified by ISIN US745310AM41 and CUSIP 745310AM4, with the issuer being Puget Energy, the parent company of Puget Sound Energy (PSE), a prominent regulated utility providing electricity and natural gas services to over 1.1 million electric and 840,000 natural gas customers across eight counties in Western Washington, United States, establishing itself as the state's largest investor-owned utility; this obligation, issued from the United States, is currently trading on the market at 92.901% of its par value, denominated in USD, and features a fixed annual interest rate, or coupon, of 2.379% with biannual payments, indicated by a frequency of 2, from a total issue size of $499,390,000, with a minimum purchase increment set at $2,000; the bond carries a maturity date of June 15, 2028, and has received investment-grade credit assessments from leading rating agencies, specifically a BBB- rating from Standard & Poor's and a Baa3 rating from Moody's, both indicative of moderate credit risk and reflecting the issuer's stable financial position within the regulated utility sector. |
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