Westar Energy plans sale of first mortgage bonds due 2049

By Cristal Cody

Tupelo, Miss., Aug. 12 – Westar Energy, Inc. plans to price new dollar-denominated first mortgage bonds due 2049, according to a 424B5 filing with the Securities and Exchange Commission on Monday.

Barclays, TD Securities (USA) LLC and U.S. Bancorp Investments Inc. are the bookrunners. Co-managers are MFR Securities, Inc. and Williams Capital Group, LP.

Proceeds will be used to repay debt incurred under Westar's commercial paper program and for general corporate purposes.

Westar is a Topeka, Kan.-based electric utility.

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