Insights

Choate Represents Initial Purchasers in $225M Private Placement by Eversource

Choate represented the initial purchasers in connection with a private placement offering by NSTAR Gas Company (d/b/a Eversource Energy) of First Mortgage Bonds, 4.86% Series Y due 2030 and 5.30% Series Z due 2035, in the aggregate principal amount of $225M.

Choate Represents Managers in $1.2B Periodic Offering by Eversource

Choate represented Goldman Sachs & Co. LLC, Barclays Capital Inc., BNY Mellon Capital Markets, LLC, BofA Securities, Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Keybanc Capital Markets Inc., Mizuho Securities USA LLC, Morgan Stanley & Co. LLC, MUFG Securities Americas Inc., RBC Capital Markets, LLC and Wells Fargo Securities, LLC in their capacity as managers in connection with Eversource Energy's $1.2B SEC-registered periodic offering program of common stock.

Choate Represents Long Ridge Equity Partners in Minority Growth Investment in Pacific Crest Services

Choate represented Long Ridge Equity Partners in its minority growth investment in Pacific Crest Services, a leading platform for independent insurance agents.

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.