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WEC Energy Group signs $2B note offering agreement

The two note series have stated rates of 6.750% and 6.950%, with both scheduled to mature in 2057.

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Form Type
8-K

Rhea-AI Filing Summary

WEC Energy Group, Inc. entered into an underwriting agreement on November 2, 2026, covering the issue and sale of $1,000,000,000 aggregate principal amount of 6.750% Series 2026A Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2057 and $1,000,000,000 aggregate principal amount of 6.950% Series 2026B Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2057. The company states that the notes are being issued and sold in an offering registered under the Securities Act pursuant to a Form S-3 registration statement.

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.
Aggregate principal amount $1,000,000,000 Series 2026A notes
Stated rate 6.750% Series 2026A notes due 2057
Aggregate principal amount $1,000,000,000 Series 2026B notes
Stated rate 6.950% Series 2026B notes due 2057
Maturity year 2057 Both note series
Fixed-to-Fixed Reset Rate financial
"6.750% Series 2026A Fixed-to-Fixed Reset Rate Junior Subordinated Notes"
A fixed-to-fixed reset rate is a coupon structure where a security pays one fixed interest rate for an initial period and then switches at a scheduled reset date to a new fixed rate for the next period, often determined by prevailing market rates plus a set margin. Investors care because it combines predictable income between resets with the ability to adjust to changing interest-rate conditions, affecting yield, price sensitivity and income planning—think of swapping to a new preset thermostat setting at regular intervals.
Junior Subordinated Notes financial
"6.750% Series 2026A Fixed-to-Fixed Reset Rate Junior Subordinated Notes"
Junior subordinated notes are a type of bond: a loan investors make to a company that ranks low in the repayment order if the company runs into trouble. Because they are paid after other creditors, they usually offer higher interest to compensate for greater risk; think of them as being near the back of the line at a crowded payout window. Investors care because these notes affect potential returns and downside exposure, and they influence a company’s overall borrowing risk and credit profile.
Underwriting Agreement financial
"entered into an Underwriting Agreement covering the issue and sale"
An underwriting agreement is a contract where a company selling new stocks or bonds hires financial firms to buy those securities and resell them to investors. It matters because the agreement sets the offering price, number of securities, fees and which party bears the risk if sales fall short—think of it as a promise that the sale will happen and a roadmap investors can use to understand how the new securities reach the market.
Indenture for Debt Securities financial
"under the Indenture for Debt Securities"

FAQ

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

How much in notes is WEC issuing?

WEC Energy Group entered into an agreement covering $1,000,000,000 aggregate principal amount of Series 2026A notes and $1,000,000,000 aggregate principal amount of Series 2026B notes.

What are the rates and maturity of WEC's notes?

The Series 2026A notes have a stated rate of 6.750%, and the Series 2026B notes have a stated rate of 6.950%; both series are due in 2057.

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

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false 0000783325 0000783325 2026-11-02 2026-11-02 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):

November 2, 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 November 2, 2026, WEC Energy Group, Inc. (the “Company”) entered into an Underwriting Agreement covering the issue and sale by the Company of $1,000,000,000 aggregate principal amount of 6.750% Series 2026A Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2057 (the “Series 2026A Notes”) and $1,000,000,000 aggregate principal amount of 6.950% Series 2026B Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2057 (the “Series 2026B Notes” and, together with the Series 2026A Notes, the “Notes”). The 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 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 November 2, 2026, among the Company and Citigroup Global Markets Inc., J.P. Morgan Securities LLC, RBC Capital Markets, LLC, TD Securities (USA) LLC and Wells Fargo Securities, LLC, as representatives of the several underwriters, relating to $1,000,000,000 aggregate principal amount of the Company’s 6.750% Series 2026A Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2057 and $1,000,000,000 aggregate principal amount of the Company’s 6.950% Series 2026B Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2057.
     
4.1   Securities Resolution No. 19 of the Company, effective as of November 2, 2026, 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.
     
4.2   Securities Resolution No. 20 of the Company, effective as of November 2, 2026, 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.
     
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 1934, 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: November 4, 2026

/s/ Caroline M. Garcia

  Caroline M. Garcia— Vice President and Controller

 

 

Filing Exhibits & Attachments

8 documents

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