Company: WELPM
Filing Date: 2025-12-03
Form Type: 424B2
Source: 0001104659-25-118058
Chunk: 35

Company: WISCONSIN ELECTRIC POWER CO
Filing Date: 2025-12-03
Form: 424B2
Chunk 35
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 or places where principal and interest will be payable; |

| ● | the terms of any mandatory or optional redemption of the debt securities by us, including any sinking fund; |

| ● | the terms of any redemption of debt securities at the option of holders; |

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| ● | any tax indemnity provisions; |

| ● | if payments of principal or interest may be made in a currency other than U.S. dollars, the manner for determining those payments; |

| ● | the portion of principal payable upon acceleration of any discounted debt security (as described below); |

| ● | whether and upon what terms debt securities may be defeased (which means that we would be discharged from our obligations by depositing 
 sufficient cash or government securities to pay the principal, interest, any premiums and other sums due to the stated maturity date or 
 a redemption date of the debt securities of the series);                                                                                |

| ● | whether the covenant referred to below under “Limitations on Liens” applies and whether any events of default or covenants 
 in addition to or instead of those set forth in the indenture apply;                                                       |

| ● | provisions for electronic issuance of debt securities or for debt securities in uncertificated form; |

| ● | the ranking of the debt securities, including the relative degree, if any, to which the debt securities of a series are subordinated 
 to one or more other series of debt securities in right of payment, whether outstanding or not; and                                  |

| ● | any other terms not inconsistent with the provisions of the indenture, including any covenants or other terms that may be required             
 or advisable under United States or other applicable laws or regulations or advisable in connection with the marketing of the debt securities. 
 (Section 2.01)                                                                                                                                 |

We may issue debt securities of any series as registered
debt securities, bearer debt securities or uncertificated debt securities. (Section 2.01) We may issue the debt securities of any
series in whole or in part in the form of one or more global securities that will be deposited with, or on behalf of, a depositary identified
in the prospectus supplement relating to the series. We may issue global securities in registered, bearer or uncertificated form and in
either temporary or permanent form. Unless and until it is exchanged in whole or in part for securities in definitive form, a global security
may not be transferred except as a whole by the depositary to a nominee