Evergy Kansas Central offers 30-year first mortgage bonds

Chicago, March 7 – Evergy Kansas Central, Inc. is planning to sell a single tranche of fixed-rate first mortgage bonds due 2053, according to a 424B5 filing with the Securities and Exchange Commission.

There will be optional make-whole and par call provisions.

Regions Securities LLC, TD Securities (USA) LLC, U.S. Bancorp Investments, Inc. and Wells Fargo Securities, LLC are working as joint bookrunners.

Bank of New York Mellon Trust Co., NA will be the trustee.

Evergy is using in-house counsel and Hunton Andrews Kurth LLP. Bracewell LLP is advising the underwriters.

Proceeds will be used to repay debt under the company’s commercial paper program and for general corporate purposes. The company had $772.1 million outstanding under its commercial paper program as of Dec. 31, 2022.

The electric utility company is based in Topeka, Kan.

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