Davis Polk advised Westar Energy, Inc. in connection with its SEC-registered offering of $300 million in aggregate principal amount of 4.125% first-mortgage bonds due 2042. The offering reopened a series of first-mortgage bonds previously issued on March 1, 2012. The joint book-running managers were BNP Paribas Securities Corp., Citigroup Global Markets Inc. and J.P. Morgan Securities LLC.
Westar Energy is the largest electric utility in Kansas, providing electric generation, transmission and distribution services to approximately 689,000 customers.
The Davis Polk corporate team included partner Daniel G. Kelly Jr. and associates Aaron J. Epstein and Emily Roberts. Partner Rachel D. Kleinberg and associate Una Au provided tax advice. Associate Catherine L. Martin provided 1940 Act advice. Haniya H. Mir was the legal assistant on the transaction. Members of the Davis Polk team are based in Menlo Park and New York offices.
Related Posts:
- Davis Polk Advises Westar Energy, Inc. on $250 Million First-Mortgage Bond Offering
- Davis Polk Advises Westar Energy, Inc. on $250 Million First-Mortgage Bond Offering
- Davis Polk – Westar Energy, Inc. SEC-Registered Dribble-Out Offering and Forward Component
- Davis Polk Advises El Paso Electric in Offering of Pollution Control Revenue Bonds
- Davis Polk – Corcept Therapeutics Common Stock Offering
