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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported):
April 4, 2023

 

 

 

Commission   Registrant; State of Incorporation;   IRS Employer
File Number   Address; and Telephone Number   Identification No.
001-09057   WEC ENERGY GROUP, INC.   39-1391525
    (A Wisconsin Corporation)    
    231 West Michigan Street    
    P.O. Box 1331    
    Milwaukee, WI 53201    
    (414) 221-2345    

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $.01 Par Value   WEC   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

WEC ENERGY GROUP, INC.

 

ITEM 8.01 OTHER EVENTS.

 

On April 4, 2023, WEC Energy Group, Inc. (the “Company”) entered into an Underwriting Agreement covering the issue and sale by the Company of an additional $350,000,000 aggregate principal amount of its 4.75% Senior Notes due January 9, 2026 (the “Additional 2026 Notes”). The Additional 2026 Notes are being issued and sold by the Company in an offering registered under the Securities Act of 1933, as amended, pursuant to a registration statement on Form S-3, Registration No. 333-260807 (the “Registration Statement”).

 

The Additional 2026 Notes are part of the same series of debt securities as the $650,000,000 aggregate principal amount 4.75% Senior Notes due January 9, 2026 issued by the Company on January 11, 2023 (the “Original 2026 Notes” and, together with the Additional 2026 Notes, the “2026 Notes”). Upon completion of this offering, the aggregate principal amount of outstanding 2026 Notes was $1,000,000,000.

 

The exhibits filed herewith under Item 9.01 are incorporated by reference as part of the Registration Statement.

 

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

 

(d) Exhibits

 

1.1   Underwriting Agreement, dated April 4, 2023, among the Company and Barclays Capital Inc. and TD Securities (USA) LLC as representatives of the several underwriters, relating to an additional $350,000,000 aggregate principal amount of the Company’s 4.75% Senior Notes due January 9, 2026.
     
4.1   Securities Resolution No. 14 of the Company, effective as of January 9, 2023, under the Indenture for Debt Securities, dated as of March 15, 1999, between the Company and The Bank of New York Mellon Trust Company, N.A. (as successor to The First National Bank of Chicago), as Trustee (incorporated by reference to Exhibit 4.1 to the Company’s Current Report on Form 8-K filed on January 11, 2023).
     
5.1   Opinion of Joshua M. Erickson, Vice President and Deputy General Counsel, WEC Business Services LLC.
     
8.1   Tax Opinion of Troutman Pepper Hamilton Sanders LLP.
     
23.1   Consent of Joshua M. Erickson, Vice President and Deputy General Counsel, WEC Business Services LLC (included in Exhibit 5.1).
     
23.2   Consent of Troutman Pepper Hamilton Sanders LLP (included in Exhibit 8.1)
     
104   Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  WEC ENERGY GROUP, INC.
       (Registrant)
   
Date: April 6, 2023 /s/ William J. Guc
  William J. Guc — Vice President and Controller

 

 

 

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