Deals 09/03/2019

Loop Capital Markets serves as co-manager in a $600 million secured bond offering of Northern States Power – Minnesota

On September 3, 2019, Loop Capital Markets served as a co-manager in a single-tranche, $600 million, secured bond offering of Northern States Power – Minnesota. The notes are rated Aa3/A across a 30.5-year tenor.

Northern States Power – Minnesota intends to use the net proceeds of the offering to finance and/or refinance existing and future eligible “Green Expenditures.”