Insights

Choate Represents Underwriters in $800M Public Offering by Eversource

Choate represented the underwriters, led by Goldman Sachs & Co. LLC, Mizuho Securities USA LLC, BNY Mellon Capital Markets, LLC, Citigroup Global Markets Inc., J.P. Morgan Securities LLC, PNC Capital Markets LLC, RBC Capital Markets, LLC, and Wells Fargo Securities, LLC in a $400M public offering of 4.85% Debentures due 2030 and a $400M public offering of 5.20% Debentures due 2035 by NSTAR Electric Company, doing business as Eversource Energy.

Choate Represents Underwriters in $400M Public Offering by The Connecticut Light and Power Company

Choate represented the underwriters, led by MUFG Securities Americas Inc., Barclays Capital Inc., and U.S. Bancorp Investments, Inc. in a $400M public offering of 4.95% First and Refunding Mortgage Bonds, 2025 Series A, due 2030 by The Connecticut Light and Power Company, doing business as Eversource Energy.

Choate Represents Initial Purchasers in $100M Private Placement by Eversource

Choate represented the initial purchasers in connection with a private placement offering of First Mortgage Bonds, 5.17% due 2034 by Eversource Gas Company of Massachusetts doing business as Eversource Energy, in the aggregate principal amount of $100M.

Choate Represents Underwriters in Public Offering by Eversource

Choate represented the underwriters, led by Barclays Capital Inc., Goldman Sachs & Co. LLC, and KeyBanc Capital Markets Inc. in a $300M public offering of 4.95% First and Refunding Mortgage Bonds, 2024 Series B, due 2034 by The Connecticut Light and Power Company, doing business as Eversource Energy.

Choate Represents Initial Purchasers in Private Placement by Aquarion

Choate represented the initial purchasers in connection with a private placement offering of Senior Notes, 5.57% due 2034 by Aquarion Water Company of Connecticut doing business as Eversource Energy, in the aggregate principal amount of $70M.

Choate Represents Managers in Quarterly Refresh by Eversource

Choate represented Goldman Sachs & Co. LLC, Barclays Capital Inc., Citigroup Global Markets Inc., Wells Fargo Securities, LLC, Morgan Stanley & Co. LLC, and J.P. Morgan Securities LLC in their capacity as managers in connection with the quarterly refresh of Eversource Energy’s SEC registered periodic offering program of common stock.

Choate Represents Sales Agents in Quarterly Refresh by Avista Corporation

Choate represented BofA Securities, Inc., J.P. Morgan Securities LLC, KeyBanc Capital Markets Inc., and MUFG Securities Americas Inc. in their capacity as sales agents in connection with the quarterly refresh of Avista Corporation's SEC registered periodic offering program of common stock.

Choate Represents Initial Purchasers in $180M Private Placement by Eversource

Choate represented the initial purchasers in connection with a private placement offering of First Mortgage Bonds, 5.50% Series W due 2029 and 5.74% Series X due 2034 by Yankee Gas Services Company, doing business as Eversource Energy, in the aggregate principal amount of $180M. Choate served as designated purchasers' counsel for Yankee Gas Service Company.

Choate Represents Initial Purchasers in $200M Private Placement by Eversource Energy

Choate represented the initial purchasers in connection with a private placement offering of First Mortgage Bonds, 5.29% Series W due 2029 and 5.48% Series X due 2034 by NSTAR Gas Company, doing business as Eversource Energy, in the aggregate principal amount of $200M.