FirstEnergy Transmission, LLC launches exchange offer for its 4.750% Senior Notes due 2033

FirstEnergy Transmission, LLC (FET), a subsidiary of FirstEnergy Corp. (NYSE: FE), announced on December 5, 2025 that it is launching an exchange offer for up to US$ 450 million in aggregate principal amount of its outstanding 4.750% Senior Notes due 2033. Under the offer, holders of the “Outstanding Notes” may exchange them for an equal principal amount of new 4.750% Senior Notes due 2033 that are registered under the Securities Act of 1933 (the “New Notes”). The exchange offer reflects the company fulfilling obligations under a prior registration‑rights agreement; notably, it does not constitute a new financing transaction. The offer will expire at 5:00 p.m. (New York City time) on January 7, 2026, unless extended. Holders who tender their Outstanding Notes may withdraw those tenders at any time before expiration. Copies of the prospectus and related exchange offer documents are available from the exchange agent, U.S. Bank Trust Company, National Association. This move aims to convert unregistered debt into registered securities, likely improving liquidity and transferability for noteholders, while leaving the underlying debt structure and interest terms unchanged. && #FirstEnergy #SeniorNotes #BondExchange #CorporateFinance && #FirstEnergy #SeniorNotes #BondExchange #CorporateFinance #SlimScan #GrowthStocks #CANSLIM