Insights

Choate Represents Underwriters in $1.4B Public Offering by Eversource Energy

Choate represented the underwriters, led by Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, MUFG Securities Americas Inc., TD Securities (USA) LLC, and U.S. Bancorp Investments, Inc. in a $1.4B public offering of Series FF and Series GG senior notes by Eversource Energy.

Choate Represents Underwriters in $1.2B Equity Refresh by Eversource Energy

Choate represented the managers led by 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 an at-the-market equity refresh of common shares having an aggregate offering price of up to $1.2B.

Choate Represents Underwriters in $300M Public Offering by Eversource Energy

Choate represented the underwriters, led by Barclays Capital Inc., MUFG Securities Americas Inc., PNC Capital Markets LLC, and RBC Capital Markets, LLC, in a $300M public offering of 5.35% Series X First Mortgage Bonds by the Public Service Company of New Hampshire, doing business as Eversource Energy.

Choate Represents Underwriters in Remarketing of Avista's Revenue Refunding Bonds

Choate represented the underwriters – BofA Securities, Inc. and KeyBanc Capital Markets Inc. – in connection with the public remarketing of Avista's Pollution Control Revenue Refunding Bonds issued by the City of Forsyth, Montana.

Choate Represents Underwriters in $800M Public Offering by Eversource Energy

Choate represented the underwriters led by Barclays Capital Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, MUFG Securities Americas Inc. and U.S. Bancorp Investments, Inc. in a $800M public offering of Series CC senior notes by Eversource Energy.

Choate Represents Purchasers in Eversource Energy's Private Placement Debt Offering

Choate represented the purchasers – State Farm, CoBank and Country Financial – in connection with Eversource Gas Company of Massachusetts' (EGMA) private placement offering of its First Mortgage Bonds, 5.73% Series D, due 2028 in the aggregate principal amount of $58M.

Choate Represents Purchasers in $170M Private Placement Offering by Yankee Gas Services Company

Choate represented the purchasers in connection with Yankee Gas's private placement offering of its First Mortgage Bonds, 5.51% Series V due 2030 in the aggregate principal amount of $170M.

Star Mountain Capital and Syndicate Makes $27M Term Loan & $17M Preferred Equity Investment to Uncle John’s Pride

Choate represented Star Mountain Capital, as Administrative Agent, Avante Capital Partners, Maranon Capital and Gemini Investors in a $27M Term Loan and $17M Series A Preferred Equity investment to Uncle John’s Pride, LLC.

Choate Represents Purchaser in $50M Private Placement Offering by Aquarion Water

Choate represented the purchaser in connection with Aquarion Water's private placement offering of its Senior Unsecured Notes, 5.89% due October 1, 2043 in the aggregate principal amount of $50M.