debt
confidence high
sentiment neutral
materiality 0.50
NiSource issues $1.65B in notes: $900M 5.350% due 2035 and $750M 5.850% due 2055
NISOURCE INC.
- Issued $900M of 5.350% Notes due 2035 and $750M additional 5.850% Notes due 2055 (reopening).
- Total 2055 Notes outstanding become $1.5B after this issuance.
- Use proceeds for general corporate purposes including capex, working capital, debt repayment.
- Lead underwriters: BMO, BNP Paribas, J.P. Morgan, PNC, Scotia, U.S. Bancorp.
- Sale closed June 27, 2025.
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