South Jersey Industries to prepay $150 million of 2018D floaters

By Sarah Lizee

Olympia, Wash., Jan. 18 – South Jersey Industries, Inc. said it intends to prepay $150 million of its $475 million floating-rate senior notes, series 2018D, due June 20, 2019.

The prepayment will take place on Jan. 31, according to an 8-K filing with the Securities and Exchange Commission.

The prepayment amount will include accrued interest to the date of the prepayment, together with the floating-rate breakage amount, if any, on the principal amount of the notes.

Hammonton, N.J.-based South Jersey is a publicly held energy services holding company for a natural gas utility and other non-regulated companies.

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