debt
confidence high
sentiment neutral
materiality 0.60
NW Corp issues $400M of 5.073% First Mortgage Bonds due 2030
NorthWestern Energy Group, Inc.
- $400M principal, 5.073% interest, matures March 21, 2030; semi-annual interest starting Sep 21, 2025.
- Proceeds to redeem outstanding 5.01% Series MT bonds due May 1, 2025, fund capex, working capital, and general purposes.
- Bonds rank equally with existing first mortgage debt; callable on/after Feb 21, 2030 at par.
- Issued in a private placement under Rule 144A/Reg S; governed by 1945 MT Indenture as supplemented.