SoCalGas Issues $350 Million In New 30-Year Bonds

              SoCalGas Issues $350 Million In New 30-Year Bonds

PR Newswire

LOS ANGELES, Sept. 21, 2012

LOS ANGELES, Sept. 21, 2012 /PRNewswire/ -- Southern California Gas Co.
(SoCalGas), a unit of Sempra Energy (NYSE: SRE), today closed a public
offering of $350 million of new 30-year First Mortgage Bonds.

The proceeds from this issuance will be used for general corporate purposes
including the repayment of outstanding indebtedness which may include the
company's First Mortgage Bonds maturing on Oct. 1, 2012.

SoCalGas engaged four companies to act as joint book runners in this
transaction; BNP Paribas Securities Corp., Morgan Stanley, and US Bancorp
Investments, Inc. and The Williams Capital Group, L.P., a minority-owned
investment bank. In addition, to these joint book runners, there were three
minority-owned firms engaged as co-managers for this transaction: Lebenthal &
Co., LLC, Loop Capital Markets and MFR Securities, Inc.

The bonds bear an interest rate of 3.75 percent, with interest due and payable
on March 15 and Sept. 15 of each year, maturing on Sept. 15, 2042. The bonds
are rated "Aa3" by Moody's Investors Service, "A+" by Standard & Poor's Corp,
and "AA-" by Fitch.

Southern California Gas Co. has been delivering clean, safe and reliable
natural gas to its customers for more than 140 years. It is the nation's
largest natural gas distribution utility, providing safe and reliable energy
to 20.7 million consumers through nearly 5.8 million meters in more than 500
communities. The company's service territory encompasses approximately 20,000
square miles in diverse terrain throughout Central and Southern California,
from Visalia to the Mexican border. Southern California Gas Co. is a
regulated subsidiary of Sempra Energy (NYSE: SRE). Sempra Energy, based in San
Diego, is a Fortune 500 energy services holding company. To learn more, go to


SOURCE Southern California Gas Co.

Contact: Media, Anne Silva, Southern California Gas Co., 1-877-643-2331,; or Financial, Victor Vilaplana, Sempra Energy,
Press spacebar to pause and continue. Press esc to stop.