Hunton Advises Purchasers of Southern Indiana Gas and Electric Company’s Private Placement of $325 Million of First Mortgage Bonds
Hunton Andrews Kurth LLP advised the purchasers in connection with Southern Indiana Gas and Electric Company’s (the “Company”) issuance of (i) $100 million aggregate principal amount of its 5.18% First Mortgage Bonds, Series 2024A, Tranche A due 2034 (the “2034 Bonds”), (ii) $60 million aggregate principal amount of its 5.28% First Mortgage Bonds, Series 2024A, Tranche B due 2036 (the “2036 Bonds”) and (iii) $165 million aggregate principal amount of its 5.69% First Mortgage Bonds, Series 2025A, Tranche A due 2055 (the “2055 Bonds”), in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended. The offering of the 2034 Bonds and the 2036 Bonds closed on August 29, 2024, and the offering of the 2055 Bonds closed on January 31, 2025.
The Company is an indirect wholly owned subsidiary of CenterPoint Energy, Inc. The Company provides energy delivery services to electric and gas customers located in and near Evansville in southwestern Indiana and owns and operates electric generation assets which it optimizes in the wholesale power market.
The Hunton team included Peter K. O'Brien, Brendan P. Harney, Reuben H. Pearlman and Monika M. Dziewa. Leslie A. Okinaka provided ERISA advice.
Related People
Related Services
Media Contact
Lisa Franz
Director of Public Relations
Jeremy Heallen
Public Relations Senior Manager
mediarelations@Huntoncom
