New Issue: Vectren Utility Holdings prices $125 million 6.25% notes due 2039

By Andrea Heisinger

Omaha, March 5 - Vectren Utility Holdings, Inc. priced $125 million 6.25% senior monthly notes (Baa1/A-) due 2039 Wednesday, according to an FWP filing with the Securities and Exchange Commission.

Interest is payable monthly.

Edward D. Jones & Co., LP was the bookrunner.

The company plans to use proceeds to repay a portion of its short-term debt, including commercial paper, and for general corporate purposes.

The subsidiary of energy company Vectren Corp. is based in Evansville, Ind.

Issuer:	Vectren Utility Holdings, Inc.
Guarantors:	Indiana Gas Co. Inc., Southern Indiana Gas and Electric Co., Vectren Energy Delivery of Ohio Inc.
Issue:	Senior monthly notes
Amount:	$125 million
Maturity:	April 1, 2039
Bookrunner:	Edward D. Jones & Co., LP
Coupon:	6.25%, payable monthly
Call:	Beginning April 1, 2013 at par
Trade date:	March 5
Settlement date:	March 10
Ratings:	Moody's: Baa1
	Standard & Poor's: A-

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