Exhibit 99.2
LETTER TO CLIENTS
Relating to
FIRSTENERGY TRANSMISSION, LLC
Offer to Exchange
up to (i) $400,000,000 4.550% Senior Notes due 2030 and (ii) $400,000,000 5.000% Senior Notes due 2035 that have been registered under the Securities Act of 1933, as amended (the “Securities Act”), for any and all of our outstanding unregistered (i) $400,000,000 4.550% Senior Notes due 2030 and (ii) $400,000,000 5.000% Senior Notes due 2035
Pursuant to the Prospectus, dated , 2024
To Our Clients:
Enclosed for your consideration is a Prospectus, dated , 2024 (as it may be amended or supplemented from time to time, the “Prospectus”), and the Letter of Transmittal relating to the exchange offer of FirstEnergy Transmission, LLC, a Delaware limited liability company (the “Company”), whereby the Company is offering, upon the terms and subject to the conditions of the Prospectus, (i) $400,000,000 4.550% Senior Notes due 2030 and (ii) $400,000,000 5.000% Senior Notes due 2035 in exchange for an equal amount, respectively, of outstanding (i) $400,000,000 4.550% Senior Notes due 2030 and (ii) $400,000,000 5.000% Senior Notes due 2035 (collectively, the “Outstanding Notes”).
The exchange offer is intended to satisfy certain obligations of the Company contained in the Registration Rights Agreements, dated as of September 5, 2024, by and among the Company and the initial purchasers of the Outstanding Notes.
This material is being forwarded to you as the beneficial owner of the Outstanding Notes carried by us for your account but not registered in your name. A tender of such Outstanding Notes may only be made by us as the holder of record and pursuant to your instructions, unless you obtain a properly completed bond power from us or arrange to have the Outstanding Notes registered in your name.
Accordingly, we request instructions as to whether you wish us to tender on your behalf the Outstanding Notes held by us for your account, pursuant to the terms and conditions set forth in the enclosed Prospectus and Letter of Transmittal.
Please forward your instructions to us as promptly as possible in order to permit us to tender the Outstanding Notes on your behalf in accordance with the provisions of the exchange offer. The exchange offer will expire at 5:00 p.m., New York City time, on , 2025, unless extended (such date and time, as they may be extended, the “expiration date”). The Company does not currently intend to extend the expiration date. Any Outstanding Notes tendered pursuant to the exchange offer may be withdrawn any time prior to the expiration date.
Your attention is directed to the following:
1. The exchange offer is described in and subject to the terms and conditions set forth in the Prospectus and the Letter of Transmittal.
2. The exchange offer is for any and all Outstanding Notes.
3. The Company will be deemed to accept validly tendered Outstanding Notes when, and if, the Company gives oral or written notice of acceptance to the exchange agent. Subject to the terms and conditions of the exchange offer, delivery of the New Notes will be made by the exchange agent on the settlement date, which will be promptly after the expiration date of the exchange offer, following receipt of the Company’s notice of acceptance.