South Jersey Industries to redeem $125 million of 2018D floaters

By Marisa Wong

Morgantown, W.Va., March 26 – South Jersey Industries, Inc. issued a notice of partial redemption for its $475 million outstanding floating-rate senior notes, series 2018D, due June 20, 2019, according to an 8-K filing with the Securities and Exchange Commission.

The company will prepay $125 million of the notes on March 27.

The prepayment amount will also include accrued interest.

Folsom, 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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