debt
confidence high
sentiment neutral
materiality 0.50
NSTAR ELECTRIC CO (NSARO): debt financing — NSTAR Electric issues $150M of 5.60% debentures due 2028
NSTAR ELECTRIC CO
- $150M aggregate principal, 5.60% interest payable semi-annually.
- Debentures mature October 1, 2028; interest accrues from September 25, 2023.
- Issued under underwriting agreement dated September 18, 2023 with BofA, Goldman, PNC, RBC, TD Securities.
- Registered under Form S-3 (File No. 333-264278-02); indenture with Bank of New York Mellon Trust.