Hunton Advises on Michigan Gas Utilities Corporation’s Private Placement of $75 Million Senior Notes
Hunton Andrews Kurth LLP advised the purchasers in connection with Michigan Gas Utilities Corporation’s (MGU) issuance of $75 million aggregate principal amount of 5.20% Senior Notes due May 1, 2030 in a private placement transaction under Section 4(a)(2) of the Securities Act of 1933, as amended.
MGU is a public utility engaged in the distribution of natural gas for 153 communities in southern and western Michigan and is regulated by the Michigan Public Service Commission. As of December 31, 2024, MGU served approximately 186,000 natural gas customers in Michigan and had a 2024 average rate base of approximately $386 million. MGU is a wholly-owned subsidiary of Integrys, which in turn is a wholly-owned subsidiary of WEC Energy Group.
The Hunton team included Adam R. O’Brian, Monika M. Dziewa and Gabrielle Kraushaar.
Related People
Related Services
Media Contact
Lisa Franz
Director of Public Relations
Jeremy Heallen
Public Relations Senior Manager
mediarelations@Hunton.com
