Financing ·
Evergy issues $600M of 6.40% junior subordinated notes due 2057 to terminate $500M term loan
EVRGEvergy, Inc.
On August 24, 2026, Evergy terminated a $500 million Term Loan Credit Agreement maturing February 10, 2027, incurring no early termination penalties. Simultaneously, the company issued $600 million in aggregate principal amount of 6.40% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2057 under an August 17 underwriting agreement with BofA Securities, Goldman Sachs, Morgan Stanley, MUFG Securities, and Wells Fargo Securities. Evergy operates as a regulated electric utility company.