WEC issues $400M more 4.75% 2028 notes

WEC Energy Group, Inc. entered into an underwriting agreement to issue and sell an additional $400,000,000 aggregate principal amount of its 4.75% Senior Notes due January 15, 2028.

Rhea-AI Filing Summary

WEC Energy Group, Inc. entered into an underwriting agreement to issue and sell an additional $400,000,000 aggregate principal amount of its 4.75% Senior Notes due January 15, 2028. These new notes form part of the same series as the $450,000,000 of 4.75% Senior Notes issued on January 11, 2023.

After completion of this registered offering under an existing Form S-3 shelf registration, the total principal amount outstanding for this 4.75% Senior Notes due 2028 series increased to $850,000,000. The transaction provides the company with additional long-term fixed-rate debt maturing in 2028.

Insights

Corporate finance analyst

WEC adds $400M to its 4.75% 2028 bond series.

WEC Energy Group is expanding its existing 4.75% Senior Notes due January 15, 2028 by issuing an additional $400,000,000 under a shelf registration. Combined with the prior $450,000,000 tranche, total outstanding for this series is now $850,000,000.

This move increases fixed-rate debt maturing in 2028, which can help match long-lived utility assets but also raises leverage relative to before. The filing does not specify use of proceeds, so investors will look to future company filings for details on deployment and any related regulatory treatment.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What type of securities did WEC (WEC) issue in this 8-K event?

WEC Energy Group issued additional 4.75% Senior Notes due January 15, 2028. These are unsecured debt securities, expanding an existing bond series first issued in January 2023 under the same 4.75% coupon and maturity terms.

How much new debt did WEC (WEC) add with the additional 2028 notes?

WEC Energy Group added $400,000,000 aggregate principal amount of 4.75% Senior Notes due 2028. This new tranche increases the size of the company’s existing 2028 bond series originally issued in January 2023.

What is the total principal outstanding of WEC (WEC) 4.75% Senior Notes due 2028 after this deal?

After this transaction, the aggregate principal amount of WEC Energy Group’s 4.75% Senior Notes due January 15, 2028 is $850,000,000. This total combines the original $450,000,000 issued in 2023 with the new $400,000,000 issuance.

Under what registration did WEC (WEC) offer the additional 2028 notes?

The additional 4.75% Senior Notes due 2028 were offered in a registered transaction under the Securities Act, using WEC Energy Group’s shelf registration statement on Form S-3, Registration No. 333-281253, which permits issuance of securities over time.

Did WEC (WEC) use an underwriting agreement for the new 2028 notes?

Yes, WEC Energy Group entered into an underwriting agreement on February 23, 2026. This agreement covers the issue and sale of the additional $400,000,000 of 4.75% Senior Notes due January 15, 2028 to underwriters for public distribution.

Are the new WEC (WEC) 2028 notes part of the same series as prior bonds?

The additional 4.75% Senior Notes due January 15, 2028 are part of the same series as the $450,000,000 of 4.75% Senior Notes issued on January 11, 2023. Together, they form a single $850,000,000 bond series.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Understanding 8-K Material Events →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 02/26/2026 - 09:43 AM Learn about SEC filing dates

false 0000783325 0000783325 2026-02-23 2026-02-23 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

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):

February 23, 2026

Commission		Registrant; State of Incorporation;		IRS Employer
File Number		Address; and Telephone Number		Identification No.
001-09057		WEC ENERGY GROUP, INC.		39-1391525
		(A Wisconsin Corporation)
		231 West Michigan Street
		P.O. Box 1331
		Milwaukee, WI 53201
		(414) 221-2345

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:

¨ 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
Common Stock, $.01 Par Value		WEC		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 ¨

If 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. ¨

WEC ENERGY GROUP, INC.

ITEM 8.01 OTHER EVENTS.

On February 23, 2026, WEC Energy Group, Inc. (the “Company”) entered into an Underwriting Agreement covering the issue and sale by the Company of an additional $400,000,000 aggregate principal amount of its 4.75% Senior Notes due January 15, 2028 (the “Additional 2028 Notes”). The Additional 2028 Notes are being issued and sold by the Company in an offering registered under the Securities Act of 1933, as amended, pursuant to a registration statement on Form S-3, Registration No. 333-281253 (the “Registration Statement”).

The Additional 2028 Notes are part of the same series of debt securities as the $450,000,000 aggregate principal amount 4.75% Senior Notes due January 15, 2028 issued by the Company on January 11, 2023 (the “Original 2028 Notes” and, together with the Additional 2028 Notes, the “2028 Notes”). Upon completion of this offering, the aggregate principal amount of outstanding 2028 Notes was $850,000,000.

The exhibits filed herewith under Item 9.01 are incorporated by reference as part of the Registration Statement.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits

1.1 Underwriting Agreement, dated February 23, 2026, among the Company and BofA Securities, Inc. and U.S. Bancorp Investments, Inc. as representatives of the several underwriters, relating to an additional $400,000,000 aggregate principal amount of the Company’s 4.75% Senior Notes due January 15, 2028.

4.1 Securities Resolution No. 14 of the Company, effective as of January 9, 2023, under the Indenture for Debt Securities, dated as of March 15, 1999, between the Company and The Bank of New York Mellon Trust Company, N.A. (as successor to The First National Bank of Chicago), as Trustee (incorporated by reference to Exhibit 4.1 to the Company’s Current Report on Form 8-K filed on January 11, 2023).

5.1 Opinion of Joshua M. Erickson, Vice President and Deputy General Counsel, WEC Business Services LLC.

8.1 Tax Opinion of Troutman Pepper Locke LLP.

23.1 Consent of Joshua M. Erickson, Vice President and Deputy General Counsel, WEC Business Services LLC (included in Exhibit 5.1).

23.2 Consent of Troutman Pepper Locke LLP (included in Exhibit 8.1).

104 Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1 934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

WEC ENERGY GROUP, INC.

(Registrant)

Date: February 26, 2026

/s/ William Guc

William Guc - Vice President and Controller

Filing Exhibits & Attachments

6 documents

Other Documents

• EX-1.1 EXHIBIT 1.1 150.8 KB
• EX-5.1 EXHIBIT 5.1 10.1 KB
• EX-8.1 EXHIBIT 8.1 9.6 KB
• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 3.0 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 33.4 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 21.8 KB