Deals 03/23/2021

Loop Capital Markets acts as co-manager on a $850 million first mortgage green bond offering for Northern States Power Company

On March 23, 2021, Loop Capital Markets acted as a co-manager on a two-tranche, $850 million, first mortgage green bond offering for Northern States Power Company. The bonds are rated Aa3/A/A+ across 10- and 31-year tranches.

Use of proceeds are earmarked for existing and future eligible green expenditures.