FirstEnergy Pennsylvania extends bond exchange offer to Oct. 30

GREENSBURG, Pennsylvania - FirstEnergy Pennsylvania Electric Company has extended its bond exchange offer to October 30, 2026, the company announced in a press release. The extension applies to two series of unregistered senior notes with a collective principal amount of up to $850 million. The company is exchanging these notes for registered ones under the Securities Act of 1933, maintaining the same interest rates and maturity dates.

Previously, the offer was set to expire on October 16, 2026. As of the previous deadline, 99.4118% of the outstanding notes had been tendered. The exchange agent for this transaction is U.S. Bank Trust Company, National Association. FirstEnergy Pennsylvania Electric Company, operating under local names Penn Power, Penelec, Met-Ed, and West Penn Power, serves around 2.1 million customers in Pennsylvania and western New York.