NSTAR Electric Prices $350M Debentures Due 2031 at 4.650% Coupon

summarizeSummary

NSTAR Electric Company successfully priced $350 million in 4.650% debentures due 2031, securing significant long-term financing.

check_boxKey Events

• Debt Offering Priced

  NSTAR Electric Company priced $350 million in 4.650% Debentures due May 15, 2031, with a yield to maturity of 4.662%.

• Investment-Grade Ratings

  The debentures received expected investment-grade ratings of A2 from Moody's, A- from S&P, and A from Fitch, indicating strong credit quality.

• Finalizes Prior Offering

  This Free Writing Prospectus finalizes the terms and pricing of the debt offering initiated with the 424B3 prospectus filed earlier today, May 11, 2026.

auto_awesomeAnalysis

This filing announces the successful pricing of a substantial $350 million debt offering for NSTAR Electric Company. The issuance of these 4.650% debentures due 2031 provides significant long-term capital, which is crucial for a utility company to fund its operations, infrastructure investments, and potentially refinance existing debt. The investment-grade credit ratings assigned to the debentures reflect the company's solid financial health and ability to access capital markets on favorable terms. This event secures necessary funding and strengthens the company's financial position.