Insights

Choate Represents Purchasers in Avista’s Private Placement Offering

Choate represented the initial purchasers in connection with Avista's private placement of its First Mortgage Bonds, 5.66% Series due 2053 in the aggregate principal amount of $250M. Choate serves as designated underwriters and purchaser counsel for Avista, which is a public utility headquartered in Spokane, Washington.