WEC Energy Group, Inc. filed a Form 8-K on November 4, 2026, disclosing an Underwriting Agreement dated November 2, 2026, covering the issuance and sale of two series of Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2057.

Key Highlights

  • Series 2026A Notes: $1,000,000,000 aggregate principal amount of 6.750% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2057.
  • Series 2026B Notes: $1,000,000,000 aggregate principal amount of 6.950% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2057.
  • Underwriting Agreement date: November 2, 2026, among the company and five representatives including Citigroup Global Markets Inc. and J.P. Morgan Securities LLC.
  • Registration: Notes are offered under a registration statement on Form S-3, Registration No. 333-281253, pursuant to the Securities Act of 1933, as amended.
  • Trustee: The Bank of New York Mellon Trust Company, N.A. serves as trustee under the Indenture for Debt Securities dated March 15, 1999.
  • Signed by: Caroline M. Garcia, Vice President and Controller, on behalf of WEC Energy Group, Inc., dated November 4, 2026.

WEC Energy Group Issues Two Series of Junior Subordinated Notes in Registered Offering

According to the filing, WEC Energy Group, Inc. (NYSE:WEC), a Wisconsin corporation headquartered in Milwaukee, entered into an Underwriting Agreement on November 2, 2026, covering the issuance and sale of two distinct series of junior subordinated debt securities. The Series 2026A Notes carry a coupon of 6.750% and the Series 2026B Notes carry a coupon of 6.950%, with both series maturing in 2057. Each series was issued in a principal amount of $1,000,000,000, for a combined total of $2,000,000,000 across the two tranches as described in the exhibit filing.

The filing discloses that both series are classified as Fixed-to-Fixed Reset Rate Junior Subordinated Notes and are being issued under the company's existing Indenture for Debt Securities, originally dated March 15, 1999. The indenture trustee is The Bank of New York Mellon Trust Company, N.A., identified as successor to The First National Bank of Chicago. The company filed Securities Resolution No. 19 and Securities Resolution No. 20, each effective November 2, 2026, to establish the terms of the respective note series under that indenture.

The five underwriter representatives named in the filing are Citigroup Global Markets Inc., J.P. Morgan Securities LLC, RBC Capital Markets, LLC, TD Securities (USA) LLC, and Wells Fargo Securities, LLC. The offering is registered under Form S-3, Registration No. 333-281253. Exhibits filed with the 8-K include the Underwriting Agreement, the two Securities Resolutions, a legal opinion from Joshua M. Erickson of WEC Business Services LLC, and a tax opinion from Troutman Pepper Locke LLP, all incorporated by reference as part of the Registration Statement, according to the filing.

What Was Disclosed

WEC Energy Group filed a current report disclosing the execution of an Underwriting Agreement on November 2, 2026, for two $1,000,000,000 tranches of junior subordinated notes due 2057, issued under a previously filed Form S-3 registration statement.