Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers W > Headlines for WEC Energy Group, Inc. > News item |
WEC Energy Group offers senior notes via four bookrunners
By Marisa Wong
Los Angeles, Sept. 5 – WEC Energy Group, Inc. plans to price an offering of fixed-rate senior notes, according to a 424B5 filing with the Securities and Exchange Commission.
The notes will feature an optional make-whole call, followed by an optional par call.
BMO Capital Markets Corp., BofA Securities, Inc., PNC Capital Markets LLC and Scotia Capital (USA) Inc. are the joint bookrunners.
Comerica Securities, Inc. and Independence Point Securities LLC are co-managers.
Bank of New York Mellon Trust Co., NA is the trustee.
Troutman Pepper Hamilton Sanders LLP and in-house counsel will advise the company on legal matters. Hunton Andrews Kurth LLP will act as counsel for the underwriters.
Proceeds will be used to repay short-term debt and for general corporate purposes. Subsequently, the company will repay at maturity its $700 million of 0.55% senior notes due Sept. 15, 2023.
Th electric and natural gas services holding company is based in Milwaukee.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.