FirstEnergy Transmission, LLC Announces Extension of Exchange Offer for its 4.750% Senior Notes Due 2033

Core Viewpoint - FirstEnergy Transmission, LLC has extended its exchange offer for up to $450 million of its outstanding 4.750% Senior Notes due 2033, allowing holders to exchange for registered New Notes under the Securities Act [1][2]. Group 1: Exchange Offer Details - The exchange offer was initially set to expire on January 7, 2026, but has been extended to January 21, 2026 [2]. - As of the original expiration date, approximately $449.48 million, or 99.88%, of the Outstanding Notes were tendered in the exchange offer [2]. Group 2: Company Overview - FirstEnergy operates one of the largest investor-owned electric systems in the U.S., serving over six million customers across several states including Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York [4]. - The company's transmission subsidiaries manage around 24,000 miles of transmission lines connecting the Midwest and Mid-Atlantic regions [4].