debt
confidence high
sentiment neutral
materiality 0.55
NorthWestern Energy subsidiary issues $100M in 5.49% first mortgage bonds due 2035
NorthWestern Energy Group, Inc.
- NWE Public Service issued $100M South Dakota First Mortgage Bonds at 5.49%, maturing May 1, 2035.
- Bonds rank equally with all current and future first mortgage lien debt.
- Issued under Twenty-second Supplemental Indenture with Bank of New York Mellon as trustee.
- Proceeds used for general corporate purposes; redemption at make-whole price prior to maturity.