Black Hills’ $600 Million Senior Notes Offering

Davis Polk advised the representatives and joint book-running managers in the offering.

Black Hills Corporation executed the offering of $600 million aggregate principal amount of its 1.037% senior notes due 2024.

US Bancorp, BMO Capital Markets, Wells Fargo Securities, BofA Securities, J.P. Morgan acted as joint book-running managers for the offering. Credit Suisse, MUFG, RBC Capital Markets and Scotiabank     acted as co-managers.

Black Hills Corp. is a customer focused, growth-oriented utility company with a tradition of improving life with energy and a vision to be the energy partner of choice. Based in Rapid City, South Dakota, the company serves 1.3 million natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming.

The Davis Polk capital markets team included partner Derek Dostal and counsel John H. Runne. Partner Lucy W. Farr and associate Benjamin Helfgott provided tax advice. 

Involved fees earner: Derek Dostal – Davis Polk & Wardwell; Lucy Farr – Davis Polk & Wardwell; Benjamin Helfgott – Davis Polk & Wardwell; John Runne – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Bank of America Securities; BMO Capital Markets; J.P. Morgan Securities LLC; US Bancorp; Wells Fargo Securities;

Author: Martina Bellini