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Jersey Central Power & Light Initiates $350 Million Note Exchange

Jersey Central Power & Light Company has launched an offer to exchange $350 million in unregistered 4.600% senior notes due 2030 for an equal amount of registered securities. The move fulfills existing registration obligations for the FirstEnergy subsidiary and does not constitute new financing for the utility provider.

Jersey Central Power & Light Initiates $350 Million Note Exchange

The exchange offer remains open until 5:00 p.m. New York City time on August 13, 2026, unless the company opts to extend the deadline. Investors may withdraw their tenders at any time before the expiration date. This process adheres to a registration rights agreement established when the original notes were issued, with all formal terms detailed in a prospectus dated July 16, 2026.

Institutional holders seeking to participate or confirm details may contact The Bank of New York Mellon Trust Company, N.A., which is serving as the exchange agent. Documentation for the transaction is filed with the Securities and Exchange Commission under registration statement number 333-297033. JCP&L, which provides electricity to 1.2 million customers across 13 New Jersey counties, emphasized that this announcement is for informational purposes and does not solicit buy or sell orders outside of the formal prospectus.

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