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Wisconsin Electric Power plans to sell debentures
By Devika Patel
Knoxville, Tenn., June 8 – Wisconsin Electric Power Co. plans to sell debentures, according to a 424B5 filing with the Securities and Exchange Commission.
The debentures will have a make-whole call and then a par call.
BofA Securities Inc., MUFG, PNC Capital Markets LLC and RBC Capital Markets LLC are the bookrunners. Comerica Securities Inc. and Siebert Williams Shank & Co. LLC are the co-managers.
Proceeds will be used to redeem the company’s $300 million of 2.95% debentures due Sept. 15, 2021.
Wisconsin Electric Power is a Milwaukee-based subsidiary of WEC Energy Group, Inc.
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