WEC Energy intends to conduct offering of fixed-rate senior notes

By Devika Patel

Knoxville, Tenn., March 4 – WEC Energy Group, Inc. intends to price dollar-denominated fixed-rate senior notes, according to a 424B5 filing with the Securities and Exchange Commission.

The notes feature a make-whole call.

Barclays and J.P. Morgan Securities LLC are the bookrunners. Samuel A. Ramirez & Co. Inc. is the co-manager.

The Milwaukee-based electricity and natural gas service provider will use the proceeds to repay short-term debt and for working capital and other general corporate purposes.

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