NiSource Finance intends to price guaranteed fixed-rate notes

By Devika Patel

Knoxville, Tenn., Nov. 8 – NiSource Finance Corp. will sell guaranteed fixed-rate notes, according to a 424B5 filed with the Securities and Exchange Commission.

The notes will be guaranteed by NiSource Inc. and feature a make-whole call and then a par call.

J.P. Morgan Securities LLC, PNC Capital Markets LLC, RBC Capital Markets Corp. and U.S. Bancorp Investments Inc. are the bookrunners.

Proceeds will be used to repay NiSource’s $500 million variable rate term loan due March 29, 2019.

NiSource is a Merrillville, Ind., company with businesses in natural gas transmission, storage and distribution, and electricity generation, transmission and distribution.

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