Wisconsin Public Service to conduct offering of fixed-rate notes

By Devika Patel

Knoxville, Tenn., Nov. 19 – Wisconsin Public Service Corp. intends to price fixed-rate notes, according to a 424B5 filing with the Securities and Exchange Commission.

The notes feature a make-whole call.

Morgan Stanley & Co. LLC, MUFG and RBC Capital Markets Corp. are the bookrunners.

BMO Capital Markets Corp. is the senior co-manager.

Samuel A. Ramirez & Co. Inc. and Wolfe Capital Markets and Advisory are the co-managers.

Proceeds will be used to repay all $250 million of the company’s 1.65% senior notes at maturity on Dec. 4, 2018, to repay short-term debt and for working capital and other corporate purposes.

The subsidiary of Integrys Energy Group, Inc. is based in Green Bay, Wis.

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