NW Natural Holdings’ $96.3 Million Common Stock Offering


Simpson Thacher recently represented the underwriters, led by J.P. Morgan Securities LLC, in an offering by Northwest Natural Holding Company (“NW Natural Holdings”) of approximately $96.3 million of common stock.

J.P. Morgan Securities LLC, RBC Capital Markets, LLC, Wells Fargo Securities, LLC and BMO Capital Markets Corp. acted as underwriters in the deal.

NW Natural Holdings (NYSE: NWN) is a public utility holding company headquartered in Portland, Oregon, which, through its largest subsidiary Northwest Natural Gas Company, provides natural gas distribution service to approximately two million people in more than 140 communities through more than 750,000 meters in Oregon and southwestern Washington.

The Simpson Thacher team that worked on the transactions included Brian Rosenzweig (Picture) and Brian Mathes (Capital Markets); Brian Chisling, Amy Beller and Mark Skerry (Energy); Andrew Pagliughi (FINRA and Blue Sky); Michael Isby (Environmental); and Rob Holo and Ed Grais (Tax). Summer Associate Siwei Yang provided valuable assistance.

Involved fees earner: Amy Beller – Simpson Thacher & Bartlett; Brian Chisling – Simpson Thacher & Bartlett; Edward Grais – Simpson Thacher & Bartlett; Robert Holo – Simpson Thacher & Bartlett; Michael Isby – Simpson Thacher & Bartlett; Brian Mathes – Simpson Thacher & Bartlett; Andrew Pagliughi – Simpson Thacher & Bartlett; Brian Rosenzweig – Simpson Thacher & Bartlett; Mark Skerry – Simpson Thacher & Bartlett; Siwei Yang – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: BMO Capital Markets; J.P. Morgan Securities LLC; RBC Capital Markets; Wells Fargo Securities;