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Published on 5/18/2020 in the Prospect News Investment Grade Daily.

Northern States Power to price $100 million of first mortgage bonds

By Devika Patel

Knoxville, Tenn., May 18 – Northern States Power Co. is selling $100 million of first mortgage bonds, according to a 424B5 filing with the Securities and Exchange Commission.

Mizuho Securities USA Inc. is the bookrunner.

Proceeds will be used for general corporate purposes and to repay commercial paper.

The electric and natural gas utility is based in Minneapolis.


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