Company: SREA
Filing Date: 2025-08-27
Form Type: 424B2
Source: 0001193125-25-189685
Chunk: 30

Company: SEMPRA
Filing Date: 2025-08-27
Form: 424B2
Chunk 30
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 $1.0 billion aggregate principal
amount of its 4.125% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2052 outstanding, $1.25 billion aggregate principal amount of its 6.400% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2054 outstanding, $1.1 billion aggregate principal amount of its 6.875% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2054 outstanding, $400 million aggregate principal amount of its 6.625%
Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2055 outstanding, $600 million aggregate principal amount of its 6.550% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2055 outstanding, and $758 million aggregate principal amount of its 5.750% Junior Subordinated Notes due 2079 outstanding. In addition, the notes
will be effectively subordinated in right of payment to any secured indebtedness we may have or may incur (to the extent of the value of the collateral securing such secured indebtedness).

The notes are our obligations exclusively and are not the obligations of any of our subsidiaries or any entities we account for as equity
method investments. Because we conduct our operations primarily through, and substantially all our consolidated assets are held by, our subsidiaries and entities we do not control, which include equity method investments, the notes will be
effectively subordinated in right of payment to all existing and future indebtedness and other liabilities and any preferred equity of our subsidiaries. At June 30, 2025, Sempra’s subsidiaries had total indebtedness and other liabilities
of approximately $48 billion owing to unaffiliated third parties, to which the notes would be effectively subordinated in right of payment.

The indenture does not limit the amount of Senior Indebtedness or secured indebtedness that may be incurred by Sempra or the amount of other
indebtedness or liabilities that may be incurred by Sempra or any of its subsidiaries. For additional information, see “Risk Factors—The notes are subordinated or effectively subordinated to all other indebtedness of Sempra and its
subsidiaries (other than any unsecured indebtedness Sempra has incurred or may in the future incur that ranks junior to or pari passu with the notes, including

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Sempra’s existing 4.125% Fixed-to-FixedReset Rate Junior Subordinated Notes due 2052, 6.400% Fixed-to-FixedReset Rate Junior