Evergy Issues $350 Million in 4.250% Notes Due 2029 on Nasdaq
Evergy, Inc. issued $350 million in 4.250% notes due in 2029, following a subscription agreement with multiple underwriters. The company's total debt now stands at $15.4 billion with a debt-to-equity ratio of 1.51. Additionally, Evergy reported Q4 2025 earnings per share of $0.42, below the expected $0.54, but saw a pre-market stock increase. The company projected a compound annual growth rate of 6-8% in earnings per share, supported by new data center contracts and a $21.6 billion five-year capital plan.
Theia Market Signal Identification - AI Assisted
Evergy, Inc. announced the issuance of $350 million in 4.250% notes due in 2029, following a subscription agreement with underwriters including BofA Securities, Citigroup Global Markets, MUFG Securities Americas, TD Securities (USA), U.S. Bancorp Investments, and Wells Fargo Securities.
This issuance increases Evergy's total debt to $15.4 billion, with a debt-to-equity ratio of 1.51. For Q4 2025, Evergy reported earnings per share of $0.42, missing the $0.54 estimate, resulting in a negative surprise of 22.22%.
Despite this, Evergy's stock rose pre-market, indicating investor confidence. The company anticipates a 6-8% compound annual growth rate in earnings per share, backed by new data center contracts and a revised $21.6 billion capital plan over five years.
Comments