secwatch / observer
8-K filed April 18, 2024, 7:59 PM ET ticker ES CIK 0000072741
debt confidence high sentiment neutral materiality 0.50

EVERSOURCE ENERGY (ES): debt financing — Eversource issues $1.4B in senior notes: $700M 5.85% due 2031, $700M 5.95% due 2034

EVERSOURCE ENERGY

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.98

EVERSOURCE ENERGY incurred senior notes of $700,000,000 aggregate principal amount of its 5.85% Senior Notes, Series FF, Due 2031 and $700,000,000 aggregate princi with Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, MUFG Securities Americas Inc., TD Securities (USA) LLC and U.S. Bancorp Investments, Inc. at 5.85% for the 2031 Notes and 5.95% for the 2034 Notes maturing 2031 for the 2031 Notes and 2034 for the 2034 Notes.

Instrument
senior notes
Principal
$700,000,000 aggregate principal amount of its 5.85% Senior Notes, Series FF, Due 2031 and $700,000,000 aggregate princi
Counterparty
Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, MUFG Securities Americas Inc., TD Securities (USA) LLC and U.S. Bancorp Investments, Inc.
Rate
5.85% for the 2031 Notes and 5.95% for the 2034 Notes
Maturity
2031 for the 2031 Notes and 2034 for the 2034 Notes
Event
incurrence
Exact text from the filing
On April 18, 2024, Eversource Energy issued (i) $700,000,000 aggregate principal amount of its 5.85% Senior Notes, Series FF, Due 2031 (the "2031 Notes") and (ii) $700,000,000 aggregate principal amount of its 5.95% Senior Notes, Series GG, Due 2034 (the "2034 Notes" and together with the 2031 Notes, the "Notes"), pursuant to an Underwriting Agreement, dated April 15, 2024, among Eversource Energy and Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, MUFG Securities Americas Inc., TD Securities (USA) LLC and U.S. Bancorp Investments, Inc., as representatives of the underwriters named therein (the "Underwriting Agreement").
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Source: SEC EDGAR
accession 0001104659-24-048834
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