debt
confidence high
sentiment neutral
materiality 0.50
Connecticut Light & Power issues $425M 2.05% bonds due 2031
CONNECTICUT LIGHT & POWER CO
- Issued $425M aggregate principal of 2.05% First and Refunding Mortgage Bonds, Series A, due 2031.
- Underwriting agreement dated June 21, 2021, with BNY Mellon, Citigroup, Goldman Sachs, Wells Fargo.
- Bonds issued under supplemental indenture with Deutsche Bank Trust Company Americas as trustee.
- Proceeds used for general corporate purposes (implied).
- Interest rate of 2.05% and 10-year maturity (2031).