NiSource Inc.’s $500 Million of Common Stock Offering

Hunton & Williams LLP advised sales agents, forward sellers and forward purchasers in connection with NiSource Inc.’s establishment of its at-the-market program to sell up to $500,000,000 in the aggregate of its common stock from time-to-time through either the sales agents or forward purchasers, who will, at the Company’s request, borrow from third parties.

Morgan Stanley & Co. LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, BNP Paribas Securities Corp. and RBC Capital Markets, LLC acted as agents on the offering.

NiSource Inc. is an energy holding company under the Public Utility Holding Company Act of 2005 whose subsidiaries are fully regulated natural gas and electric utility companies serving approximately 3.9 million customers in seven states.

The Hunton & Williams team included Peter O’Brien, Christina Kwon and So Yung Kang. Joseph Buonnano provided advice on the forward component.

Involved fees earner: Peter O’Brien – Hunton & Williams LLP; Christina Kwon – Hunton & Williams LLP; So Yung Kang – Hunton & Williams LLP; Joseph Buonnano – Hunton & Williams LLP;

Law Firms: Hunton & Williams LLP;

Clients: BNP Paribas Securities; Merrill Lynch, Pierce, Fenner & Smith Incorporated; Morgan Stanley; RBC Capital Markets;

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Author: Ambrogio Visconti