Wisconsin Electric to issue $300M 5.65% 2056 debt

Wisconsin Electric Power Company entered into an underwriting agreement to issue and sell $300,000,000 aggregate principal amount of 5.65% Debentures due March 15, 2056.

Rhea-AI Filing Summary

Wisconsin Electric Power Company entered into an underwriting agreement to issue and sell $300,000,000 aggregate principal amount of 5.65% Debentures due March 15, 2056. The long-term debt is being offered in a registered transaction under an existing Form S-3 shelf registration statement.

The company also filed related exhibits, including the underwriting agreement, a securities resolution under its 1995 indenture, and a legal opinion and consent from its Vice President and Deputy General Counsel.

Insights

Utility credit and capital structure analyst

Wisconsin Electric adds $300M of long-term fixed-rate debt under its shelf registration.

Wisconsin Electric Power Company is issuing $300,000,000 of 5.65% Debentures due March 15, 2056 under an underwriting agreement. The securities are registered on an existing Form S-3 shelf, indicating a planned, standardized capital markets transaction rather than an emergency financing.

The 30-year maturity locks in fixed-rate funding for decades, which can help a regulated utility match long-lived infrastructure investments with long-term debt. Actual impact on credit metrics, interest coverage, or rate treatment is not detailed in this excerpt and would depend on broader financials and regulatory outcomes.

Key documents include the underwriting agreement, a securities resolution under the 1995 indenture, and a legal opinion confirming the validity of the debentures. Subsequent financial statements and regulatory filings will provide more context on how this additional debt affects leverage and earnings over time.

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

What debt is Wisconsin Electric Power Company (WELPM) issuing in this 8-K?

Wisconsin Electric Power Company is issuing $300,000,000 aggregate principal amount of 5.65% Debentures due March 15, 2056. These are long-term debt securities with a fixed interest rate, providing the company with multi-decade financing.

How is Wisconsin Electric Power Company (WELPM) offering the new debentures?

The company is offering the $300,000,000 5.65% Debentures through an Underwriting Agreement with several investment banks as underwriters. The transaction is a registered offering under an existing Form S-3 shelf registration statement.

Under which registration statement are WELPM’s new debentures being sold?

The 5.65% Debentures due March 15, 2056 are being sold under Registration Statement on Form S-3, No. 333-279581. This shelf registration allows Wisconsin Electric Power Company to issue securities in registered offerings over time.

Who are the underwriters for Wisconsin Electric Power Company’s 5.65% debentures?

The underwriting agreement is with Barclays Capital Inc., Citigroup Global Markets Inc., KeyBanc Capital Markets Inc., Mizuho Securities USA LLC and Wells Fargo Securities, LLC, acting as representatives of the several underwriters for the $300,000,000 debenture offering.

What key exhibits accompany Wisconsin Electric Power Company’s new debt issuance?

Key exhibits include the Underwriting Agreement for the $300,000,000 5.65% Debentures, a Securities Resolution No. 25 under the 1995 Indenture, an opinion of counsel from Joshua M. Erickson, and his consent, plus the Inline XBRL cover page data file.

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 03/13/2026 - 09:05 AM Learn about SEC filing dates

false 0000107815 0000107815 2026-03-10 2026-03-10 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):
March 10, 2026

Commission File Number		Registrant; State of Incorporation; Address; and Telephone Number		IRS Employer Identification No.
001-01245		WISCONSIN ELECTRIC POWER COMPANY		39-0476280
		(A Wisconsin Corporation)
		231 West Michigan Street
		P.O. Box 2046
		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:

None

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. ¨

WISCONSIN ELECTRIC POWER COMPANY

ITEM 8.01 OTHER EVENTS.

On March 10, 2026, Wisconsin Electric Power Company (the “Company”) entered into an Underwriting Agreement covering the issue and sale by the Company of $300,000,000 aggregate principal amount of 5.65% Debentures due March 15, 2056 (the “Debentures”). The Debentures 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. 333-279581 (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 March 10, 2026, among the Company and Barclays Capital Inc., Citigroup Global Markets Inc., KeyBanc Capital Markets Inc., Mizuho Securities USA LLC and Wells Fargo Securities, LLC as representatives of the several underwriters, relating to $300,000,000 aggregate principal amount of the Company’s 5.65% Debentures due March 15, 2056.
4.1		Securities Resolution No. 25 of the Company, effective as of March 10, 2026, under the Indenture for Debt Securities, dated as of December 1, 1995, between the Company and U.S. Bank Trust Company, National Association (as successor to Firstar Trust Company), as Trustee.
5.1		Opinion of Joshua M. Erickson, Vice President and Deputy General Counsel.
23.1		Consent of Joshua M. Erickson, Vice President and Deputy General Counsel (included in Exhibit 5.1).
104		Cover Page Interactive Data File (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.

	WISCONSIN ELECTRIC POWER COMPANY
	(Registrant)
	/s/ William J. Guc
Date: March 13, 2026	William J. Guc — Vice President and Controller

Filing Exhibits & Attachments

6 documents

Other Documents

• EX-1.1 EXHIBIT 1.1 157.6 KB
• EX-4.1 EXHIBIT 4.1 56.3 KB
• EX-5.1 EXHIBIT 5.1 8.9 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