FirstEnergy Pennsylvania Electric Company, a subsidiary of FirstEnergy Corp. (NYSE: FE), announced an exchange offer for up to $850 million in unregistered senior notes, according to a press release dated Sept. 17, 2026.

The offer covers up to $300 million of its 4.150% Senior Notes due 2028 and up to $550 million of its 4.550% Senior Notes due 2031. The company is offering to exchange the outstanding unregistered notes for a like principal amount of registered notes under the Securities Act of 1933.

The exchange offer is set to expire at 5:00 p.m. New York City time on Oct. 16, 2026, unless extended. Holders may withdraw tendered notes at any time before the offer expires.

The company stated the exchange offer is being made to satisfy obligations under registration rights agreements connected to the original issuance of the notes and does not represent a new financing transaction.

The Registration Statement on Form S-4 related to the exchange was declared effective by the Securities and Exchange Commission on Sept. 15, 2026. U.S. Bank Trust Company, National Association is serving as exchange agent.

FirstEnergy Pennsylvania Electric Company operates locally as Penn Power, Penelec, Met-Ed, and West Penn Power, collectively serving customers across Pennsylvania and parts of New York.