Orange and Rockland Utilities, Inc.’s Private Placement of Debentures

Time 1 Minute Read
October 1, 2020
News

Hunton Andrews Kurth LLP advised the purchasers in connection with Orange and Rockland Utilities, Inc.’s (O&R) issuance of $35 million aggregate principal amount of its Series 2020 A Debentures due 2030 and $40 million aggregate principal amount of its Series 2020 B Debentures due 2050 in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended.

O&R was incorporated in New York State in 1926. O&R is a wholly-owned subsidiary of Consolidated Edison, Inc. O&R and its wholly-owned utility subsidiary, Rockland Electric Company, provide electric service to approximately 0.3 million customers in southeastern New York and northern New Jersey, an approximately 1,300 square mile service area. O&R delivers gas to over 0.1 million customers in southeastern New York.

The Hunton team included Mike Fitzpatrick, Christina Kwon and Patrick Jamieson.

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