debt
confidence high
sentiment neutral
materiality 0.50
NSTAR ELECTRIC CO (NSARO): debt financing — NSTAR Electric issues additional $300M of 5.20% debentures due 2035
NSTAR ELECTRIC CO
- Issued $300M additional principal of 5.20% Debentures due 2035 on October 17, 2025.
- Total outstanding of the series now $700M; debentures mature March 1, 2035.
- Interest at 5.20% payable semi-annually on March 1 and September 1.
- Underwriting syndicate led by BofA Securities, J.P. Morgan, Morgan Stanley, PNC, RBC, U.S. Bancorp.