Evergy Kansas Central offers mortgage bonds via four bookrunners

By Mary-Katherine Stinson

Lexington, Ky., Nov. 8 – Evergy Kansas Central, Inc. is planning to sell a single tranche of fixed-rate first mortgage bonds, according to a 424B5 filing with the Securities and Exchange Commission.

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

BNY Mellon Capital Markets, LLC, MUFG Securities Americas Inc., PNC Capital Markets LLC and Truist Securities, Inc. 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 $660.2 million outstanding with interest rates ranging from 5.50% to 5.58% under its commercial paper program as of Sept. 30.

The electric utility company is based in Topeka, Kan.

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