
Portland General Electric Co, founded in 1888 and based in Portland, Oregon, is a major electric utility providing energy services to customers across the state. The company focuses on generating, purchasing, and distributing electricity, emphasizing sustainable and renewable energy sources.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
POR 6.88% 2033-08-01 USDPortland General Electric Co | United States | 2033-08-01 | 6.875 | 5.17 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Portland General Electric has a history of bond issuances dating back to the early 1990s, when it began accessing the public debt markets to finance infrastructure projects and enhance operational capabilities. Notable recent issuances include a $200 million green bond in 2020, aimed at funding renewable energy initiatives. Current yields on PGE's bonds are competitive within the utility sector, reflecting the company's stable credit profile and strong market position, while their bonds often feature call options that provide flexibility for refinancing.