PUBLIC SERVICE ELECTRIC & GAS CO false 0000081033 0000081033 2023-03-27 2023-03-27 0000081033 pseg:M8.00FirstAndRefundingMortgageBondsDue20372Member 2023-03-27 2023-03-27 0000081033 pseg:M5.00FirstAndRefundingMortgageBondsDue20371Member 2023-03-27 2023-03-27

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): March 27, 2023

Public Service Electric and Gas Company

(Exact name of registrant as specified in its charter)

 

New Jersey   001-00973   22-1212800
(State or other jurisdiction of
incorporation)
  (Commission File Number)   (I.R.S. Employer
Identification Number)

80 Park Plaza

Newark,     New Jersey    07102

(Address of principal executive offices)    (Zip Code)

973     430-7000

(Registrant’s telephone number, including area code)

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 (see General Instruction A.2. below):

 

 

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

8.00% First and Refunding Mortgage Bonds, due 2037     PEG37D   New York Stock Exchange
5.00% First and Refunding Mortgage Bonds, due 2037     PEG37J   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   
f 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.   


Item 8.01 Other Events

On March 27, 2023, Public Service Electric and Gas Company (“PSE&G”) completed a public offering of $500,000,000 aggregate principal amount of its 4.650% Secured Medium-Term Notes, Series P, due March 15, 2033 (the “2033 Notes”) and $400,000,000 aggregate principal amount of its 5.125% Secured Medium-Term Notes, Series P, due March 15, 2053 (the “2053 Notes,” and, together with the 2033 Notes, the “Notes”). The Notes were offered and sold by PSE&G pursuant to a registration statement on Form S-3 (File No. 333-250829) (the “Registration Statement”) and the related Prospectus dated November 20, 2020, Prospectus Supplement dated March 9, 2022, and Pricing Supplements dated March 23, 2023.

In connection with the offering of the Notes, PSE&G is filing herewith the Opinion of John C. Walmsley, Associate Counsel of PSEG Services Corporation, addressing the legality of the Notes, which is incorporated by reference into the Registration Statement.

Item 9.01 Financial Statements and Exhibits

 

Exhibit 5    Opinion of John C. Walmsley, Associate Counsel of PSEG Services Corporation, addressing the legality of the Notes.
Exhibit 23    Consent of John C. Walmsley, Associate Counsel of PSEG Services Corporation (included in Exhibit 5).
Exhibit 104    Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

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SIGNATURE

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 thereunto duly authorized. The signature of the undersigned company shall be deemed to relate only to matters having reference to such company and any subsidiaries thereof.

 

  PUBLIC SERVICE ELECTRIC AND GAS COMPANY   
  (Registrant)                                
  By:  

/s/ Rose M. Chernick                                

  
    ROSE M. CHERNICK                                   
    Vice President and Controller                                   
    (Principal Accounting Officer)                                   
Date: March 27, 2023       

 

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