NiSource final remarketing of Series C Mandatory Convertible Preferred Stock unsuccessful; holders to deliver shares

NISOURCE INC.

Final remarketing of Series C Mandatory Convertible Preferred Stock (liquidation preference $1,000/share) was unsuccessful.
As of Dec 1, 2023, holders automatically deliver Mandatory Convertible Preferred Stock to NiSource to satisfy purchase contract obligations for common stock.
The Mandatory Convertible Preferred Stock was originally issued April 19, 2021 as part of NiSource's 2021 Equity Units offering.
Goldman Sachs, J.P. Morgan, and Wells Fargo acted as remarketing agents; BofA Securities, PNC Capital, and Scotiabank as co-remarketing agents.

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