WGL Holdings’ $300 million Floating Rate Senior Notes Offering


Hunton & Williams LLP advised the underwriters on an SEC-registered offering by WGL Holdings, Inc. (“WGL”) of $300 million aggregate principal amount of floating rate senior notes due 2019.

TD Securities and Wells Fargo Securities acted as Joint Book-Running Managers.

WGL Holdings was established on November 1, 2000 as a Virginia corporation. Through its wholly owned subsidiaries, it sells and delivers natural gas and provides energy-related products and services to customers primarily in the District of Columbia and the surrounding metropolitan areas in Maryland and Virginia, although its non-utility segments provide various energy services across the United States. WGL Holdings promotes the efficient use of clean natural gas and renewable energy to improve the environment for the benefit of customers, investors, employees and the communities it serves. WGL Holdings owns all of the shares of common stock of Washington Gas Light Company, Washington Gas Resources Corporation and Hampshire Gas Company. Washington Gas Resources Corporation owns four unregulated subsidiaries that include WGL Energy Services, Inc., WGL Energy Systems, WGL Midstream, Inc. and WGSW, Inc. Additionally, several subsidiaries of WGL Holdings own interests in other entities.

The Hunton & Williams team included Christina Kwon (PIcture), Adam O’Brian and Patrick Jamieson. Cary Tolley and Anna Page provided tax advice.

Involved fees earner: Christina Kwon – Hunton & Williams LLP; Adam O’Brian – Hunton & Williams LLP; Patrick Jamieson – Hunton & Williams LLP; Cary Tolley – Hunton & Williams LLP; Anna Knecht Page – Hunton & Williams LLP;

Law Firms: Hunton & Williams LLP;

Clients: Wells Fargo; TD Securities;