Eversource Energy to price $425 million mortgage bonds due 2031

By Devika Patel

Knoxville, Tenn., June 21 – Connecticut Light and Power Co., doing business as Eversource Energy, plans to sell $425 million of first and refunding mortgage bonds, 2021 series A, due July 1, 2031, according to a 424B3 filed with the Securities and Exchange Commission.

The notes have a make-whole call initially and then are callable at par.

BNY Mellon Capital Markets LLC, Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and Wells Fargo Securities LLC are the bookrunners. Siebert Williams Shank & Co. LLC is the co-manager.

Proceeds will be used to refinance short-term debt, to fund capital expenditures and for working capital.

The electric subsidiary of Northeast Utilities is based in Berlin, Conn.

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