Hunton Andrews Kurth Advises Underwriters on NiSource Inc.’s $750 Million SEC-Registered Debt Offerings

Hunton Andrews Kurth LLP advised the underwriters on SEC-registered offerings by NiSource Inc. (NiSource) of (i) $300 million aggregate principal amount of 5.250% Notes due 2028 and (ii) $450 million aggregate principal amount of 5.400% Notes due 2033. The $300 million issuance of 5.250% Notes due 2028 constituted a reopening of the 5.250% Notes due 2028 originally issued on March 24, 2023.

NiSource is an energy holding company whose primary subsidiaries are fully regulated natural gas and electric utility companies serving approximately 3.7 million customers in six states. NiSource’s principal subsidiaries include NiSource Gas Distribution Group, Inc., a natural gas distribution holding company, and Northern Indiana Public Service Company LLC, a gas and electric company. NiSource derives substantially all of its revenues and earnings from the operating results of these rate-regulated businesses.

The Hunton Andrews Kurth team included Peter K. O’Brien, Brendan P. Harney, Reuben H. Pearlman and Thomas C. White. Robert McNamara, William Freeman and Drew Hermiller provided tax advice.