Eversource Energy to price $350 million of 30-year senior notes

By Devika Patel

Knoxville, Tenn., Jan. 7 – Eversource Energy is selling $350 million of senior notes due Jan. 15, 2050, according to a 424B3 filing with the Securities and Exchange Commission.

The notes feature a make-whole call until July 15, 2049 and then a par call.

Barclays, J.P. Morgan Securities LLC, PNC Capital Markets LLC, TD Securities (USA) LLC and U.S. Bancorp Investments Inc. are the bookrunners. Siebert Williams Shank is the co-manager.

Proceeds will be used to refinance short-term debt.

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.