The Tender Offer is being made on the terms and subject to the conditions set forth in the offer to purchase dated May 25, 2022, as amended and supplemented by FirstEnergy's news releases issued Jand June 14, 2022, respectively (as so amended and supplemented, the Offer to Purchase).
(NYSE: FE) announced today the pricing terms and the accepted tender amounts of its previously announced cash tender offer (Tender Offer).Īs announced earlier, FirstEnergy offered to purchase for cash up to a maximum combined aggregate purchase price of $1.1 billion, including principal and premium but excluding accrued and unpaid interest (Maximum Tender Amount), of its 7.375% Notes, Series C, due 2031 (2031 Notes) and 4.85% Notes, Series C, due 2047 (which, pursuant to their terms, accrue interest at a rate of 5.35% per annum as of the date of this news release) (2047 Notes and, together with the 2031 Notes, the Notes and, each, a Series of Notes). AKRON, Ohio, J/PRNewswire/ - FirstEnergy Corp.