May 22, 2017
Hunton & Williams LLP advised the underwriters on a SEC-registered offering by NiSource Finance Corp. (NiSource Finance) of $1 billion aggregate principal amount of 3.490% Notes due 2027 and $1 billion aggregate principal amount of $4.375% Notes due 2047, which are fully and unconditionally guaranteed by NiSource Inc. (NiSource). Proceeds from the issuance will help fund the concurrent debt tender offer for four series of NiSource’s outstanding debt.
NiSource Inc. is an energy holding company under the Public Utility Holding Company Act of 2005 whose subsidiaries are fully regulated natural gas and electric utility companies serving approximately 3.9 million customers in seven states.
The Hunton & Williams team included Peter O’Brien, Steven Friend, Christina Kwon and So Yung Kang. Cary Tolley and Anna Page provided tax advice.