debt
confidence high
sentiment neutral
materiality 0.55
NSTAR Electric issues $400M of 4.95% Debentures due 2052
NSTAR ELECTRIC CO
- Issued $400M aggregate principal of 4.95% Debentures due September 15, 2052.
- Interest payable semi-annually on March 15 and September 15, accruing from Sept 15, 2022.
- Underwriters include BofA Securities, J.P. Morgan, Morgan Stanley, and U.S. Bancorp.
- Debentures issued under indenture dated Sept 1, 1988 with Bank of New York Mellon as trustee.