Company: SREA
Filing Date: 2025-08-26
Form Type: 424B5
Source: 0001193125-25-188201
Chunk: 58

Company: SEMPRA
Filing Date: 2025-08-26
Form: 424B5
Chunk 58
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 their affiliates may, from time to time, engage in other transactions with or perform other services for us and our affiliates in the ordinary course of their business for which they receive customary fees and expenses. In addition, affiliates of all of the underwriters are lenders under our credit facilities. In addition, in the ordinary course of their business activities, the underwriters and their respective affiliates may make or hold a broad array of investments and actively trade debt and equity securities (or related derivative securities) and financial instruments (including bank loans) for their own account and for the accounts of their customers, and such investment and securities activities may involve securities and/or instruments of ours or our affiliates. If any of the underwriters or their affiliates has a lending relationship with us, certain of those underwriters or their affiliates routinely hedge and certain other of those underwriters or their affiliates may hedge, their credit exposure to us consistent with their customary risk management policies. Typically, these underwriters and their affiliates would hedge such exposure by entering into transactions which may consist of either the purchase of credit default swaps or the creation of short positions in our securities, including potentially the notes offered hereby. Any such credit default swaps or short positions could adversely affect trading prices of the notes offered hereby. The underwriters and their affiliates may also make investment recommendations and/or publish or express independent research views in respect of such securities or financial instruments and may hold, or recommend to clients that they acquire, long and/or short positions in such securities and instruments. Conflicts of Interest As described in this prospectus supplement under “Use of Proceeds,” we intend to use the net proceeds from this offering to redeem our 4.875% Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock, Series C. One or more of the underwriters participating in this offering and/or their affiliates may hold positions in our 4.875% Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock, Series C. To the extent that net proceeds from this offering are used to redeem such preferred stock held by any of the underwriters or their affiliates, they will receive proceeds from this offering through the redemption of such preferred stock. If the amount of such proceeds so received by any underwriter or its affiliates is 5% or more of the net proceeds of this offering (not including the underwriting discount), such underwriter would be deemed to have a conflict of interest within the meaning of FINRA Rule 5121. In such event, this offering would be conducted in compliance with FINRA