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Latham & Watkins Represents San Diego Gas & Electric Company in Bond Offerings Totaling US$1 Billion
March 14, 2022
Firm advised the indirect subsidiary of Sempra Energy on the offerings.
San Diego Gas & Electric Company, an indirect subsidiary of Sempra Energy, closed on March 11, 2022 its underwritten offerings of US$500,000,000 aggregate principal amount of its 3% First Mortgage Bonds, Series XXX, due 2032 and $500,000,000 aggregate principal amount of its 3.7% First Mortgage Bonds, Series YYY, due 2052.
Latham & Watkins LLP represented San Diego Gas & Electric Company in the offerings with a corporate team led by San Diego partner Michael Sullivan, with San Diego associates Brian Daley, Julian Brody, and Giannina Marciano. Advice was also provided on debt finance matters by New York/Los Angeles partner Greg Rodgers.