debt
confidence high
sentiment neutral
materiality 0.40
NSTAR Electric issues $700M in debentures: $350M at 4.650% due 2031, $350M at 5.200% due 2036
NSTAR ELECTRIC CO
- Issued $350M of 4.650% debentures due May 15, 2031; interest payable semi-annually starting Nov 15, 2026.
- Issued $350M of 5.200% debentures due May 15, 2036; interest payable semi-annually starting Nov 15, 2026.
- Underwriting syndicate includes Goldman Sachs, Mizuho, TD Securities, U.S. Bancorp, and Wells Fargo.
- Debentures issued under 1988 indenture with Bank of New York Mellon Trust as trustee.