---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-027035"
form_type: "8-K"
ticker: null
cik: "0001317630"
company_name: "ITC Holdings Corp."
filed_at: "2026-03-12T23:59:59+00:00"
generated_at: "2026-05-15T12:58:20.225641+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# ITC Transmission and ITC Midwest issue $500M aggregate bonds in private placements

## Summary
- March 12: ITC Transmission $175M 4.78% Series M due 2034; ITC Midwest $175M 4.86% Series O due 2035.
- July 15: ITC Transmission $50M 5.41% Series N due 2044; ITC Midwest $100M 5.53% Series P due 2047.
- Proceeds to repay revolving credit debt, fund capex, and for general corporate purposes.
- Bonds secured by first mortgage liens on substantially all real and tangible personal property of each issuer.

## SEC filing metadata
- accession: 0001104659-26-027035
- form_type: 8-K
- cik: 0001317630
- company_name: ITC Holdings Corp.
- filed_at: 2026-03-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1317630/000110465926027035/0001104659-26-027035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1317630/000110465926027035/tm268629d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-027035
- JSON: https://secwatch.observer/filing/0001104659-26-027035.json
- Plain text: https://secwatch.observer/filing/0001104659-26-027035.txt

## Source-grounded claims
- claim_id: 1a6ef45db6fb51f5b3982b4c176c852559a09f3d
  claim: ITC Holdings Corp. incurred mortgage of $100,000,000 with institutional accredited investors at 5.53% maturing July 15, 2047.
  evidence_excerpt: ITC Transmission will issue $50,000,000 aggregate principal amount of its 5.41% First Mortgage Bonds, Series N, due 2044 (the “ITCT Series N Bonds”) and (ii) ITCMW will issue $100,000,000 aggregate principal amount of its 5.53% First Mortgage Bonds, Series P, due 2047 (the “ITCMW Series P Bonds” and, together with the ITCT Series N Bonds, the “July Bonds” and,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1317630/000110465926027035/0001104659-26-027035-index.htm
- claim_id: a8f95042451913abc9871ffaeb01514db65c418b
  claim: ITC Holdings Corp. incurred mortgage of $50,000,000 with institutional accredited investors at 5.41% maturing July 15, 2044.
  evidence_excerpt: Mortgage Bonds, Series O, due 2035 (the “ITCMW Series O Bonds” and, together with the ITCT Series M Bonds, the “March Bonds”). On July 15, 2026, (i) ITC Transmission will issue $50,000,000 aggregate principal amount of its 5.41% First Mortgage Bonds, Series N, due 2044 (the “ITCT Series N Bonds”) and (ii) ITCMW will issue $100,000,000 aggregate principal amount
  evidence_url: https://www.sec.gov/Archives/edgar/data/1317630/000110465926027035/0001104659-26-027035-index.htm
- claim_id: 3cc97779823f756d75117b238efa1bffd36b4c5e
  claim: ITC Holdings Corp. entered into ITCT Bond Purchase Agreement with initial bondholders named in Schedule A valued at $175,000,000 (effective 2026-03-12).
  evidence_excerpt: ITCT Series M Bonds and the ITCT Series N Bonds were sold to institutional accredited investors (as defined by Rule 501(a) of the Securities Act) pursuant to a Bond Purchase Agreement, dated March 12, 2026, between ITC Transmission and the initial bondholders named in Schedule A thereto (the “ITCT Bond Purchase Agreement”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1317630/000110465926027035/0001104659-26-027035-index.htm
- claim_id: fcf51d2893f83ecfa4cc0eb2619e19b70c292ed1
  claim: ITC Holdings Corp. entered into ITCMW Bond Purchase Agreement with initial bondholders named in Schedule A valued at $175,000,000 (effective 2026-03-12).
  evidence_excerpt: ITCMW Series O Bonds and the ITCMW Series P Bonds were sold to institutional accredited investors (as defined by Rule 501(a) of the Securities Act) pursuant to a Bond Purchase Agreement, dated March 12, 2026, between ITCMW and the initial bondholders named in Schedule A thereto (the “ITCMW Bond Purchase Agreement”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1317630/000110465926027035/0001104659-26-027035-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.