South Jersey Industries Inc., founded in 1947 and headquartered in Folsom, New Jersey, serves as a vital provider of energy services, primarily focusing on natural gas distribution and utility services in the South Jersey region. The company offers a range of products and services, including regulated gas distribution, utility infrastructure, and energy-related solutions that support residential and commercial customers.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SJI 5.02% 2031-04-15 USDSouth Jersey Industries Inc. | United States | 2031-04-15 | 5.020 | 9.03 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
South Jersey Industries began its bond issuance strategy in the 1990s to finance expansion and infrastructure projects. Notably, in 2021, the company issued $300 million in senior notes, which saw high demand and contributed to an improvement in their capital structure. As of late 2023, their bonds yield around 3.75%, competitive within the energy sector, and feature a strong investment-grade rating, reflecting the company’s robust financial position and commitment to responsible growth.