NiSource Inc. announced the completion of a $1 billion debt offering of 5.750% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2056. The offering closed on November 7, 2025, and the Notes were issued under the company's Registration Statement on Form S-3 (File No. 333-291167). The Notes will accrue interest from November 7, 2025, with semi-annual payments due on January 15 and July 15 each year, beginning July 15, 2026. NiSource intends to use the net proceeds for general corporate purposes, including financing capital expenditures, working capital, and the repayment of existing indebtedness. Further details can be found in the company's prospectus supplement filed with the Securities and Exchange Commission on November 4, 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NiSource Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-272329), on November 07, 2025, and is solely responsible for the information contained therein.
Comments