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Westar to sell 10-year first mortgage bonds through three bookrunners
By Devika Patel
Knoxville, Tenn., Feb. 27 – Westar Energy, Inc. expects to price first mortgage bonds due 2027, according to a 424B5 filed with the Securities and Exchange Commission.
The notes feature a make-whole call and then are callable at par.
Barclays, BNY Mellon Capital Markets LLC and Wells Fargo Securities LLC are the bookrunners.
Proceeds will be used to repay debt incurred under Westar's commercial paper program and to finance its ongoing capital program.
Westar is a Topeka, Kan.-based electric utility.
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