Jersey Central Power & Light extends bond exchange offer to June 15

Jersey Central Power & Light Company, a subsidiary of FirstEnergy Corp. (NYSE: FE), announced it has extended its exchange offer for three series of senior notes until June 15, 2026.

The exchange offer covers up to $350 million of 4.150% Senior Notes due 2029, $500 million of 4.400% Senior Notes due 2031, and $500 million of 5.150% Senior Notes due 2036. The company seeks to exchange these outstanding notes for newly registered notes with identical terms under the Securities Act of 1933.

The offer was originally scheduled to expire on June 1, 2026, but has been extended to 5:00 p.m. New York City time on June 15, 2026. As of the original expiration date, $1,344,690 in aggregate principal amount, representing 99.6067% of the outstanding notes, had been tendered.

The Bank of New York Mellon Trust Company serves as the exchange agent for the transaction. The exchange offer terms are detailed in a prospectus dated April 30, 2026, filed as part of the company's Registration Statement on Form S-4, which became effective on April 23, 2026.

Jersey Central Power & Light serves 1.2 million customers across 13 counties in New Jersey and surrounding areas. FirstEnergy Corp. operates one of the nation's largest investor-owned electric systems, serving more than six million customers across Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York.

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