Eversource Energy intends to price 10-year green debentures

By Devika Patel

Knoxville, Tenn., March 23 – Nstar Electric Co., doing business as Eversource Energy, is selling green debentures due 2030, according to a 424B3 filing with the Securities and Exchange Commission.

The debentures feature a make-whole call and then a par call.

BofA Securities, Inc., Citigroup Global Markets Inc., Mizuho Securities USA Inc., MUFG and RBC Capital Markets Corp. are the bookrunners. Samuel A. Ramirez & Co. Inc. is the co-manager.

Proceeds will be used for eligible green expenditures.

The Boston-based company is engaged in the energy delivery business through utility subsidiaries.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.