secwatch.observer — SEC 8-K summary
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Issuer:     BLACK HILLS CORP /SD/ (BKH)
CIK:        0001130464
Form:       8-K
Filed at:   2024-05-16T23:59:59+00:00
Accession:  0001104659-24-062524
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 8.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Black Hills issues $450M of 6.000% notes due 2035 to refinance near-term debt
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- Issued $450M principal of 6.000% Notes due January 15, 2035; semi-annual interest starts Jan 2025.
- Gross proceeds ~$446.1M after original issue discount and underwriting discounts.
- Proceeds used with available cash/short-term borrowings to retire $600M of 1.037% notes due Aug 2024.
- Notes are unsecured senior obligations ranking equally with existing unsecured debt.
- Underwriting agreement between Black Hills and several underwriters executed May 13, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1130464/000110465924062524/0001104659-24-062524-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1130464/000110465924062524/tm2413281d5_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-062524

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