Black Hills (NYSE:BKH) priced a public debt offering of $450M aggregate principal amount of 6.15% senior unsecured notes due May 15, 2034.
The company expects the offering to close on Sept. 15, 2023.
The company plans to use the net proceeds from the offering, in combination with available cash, to repay all of its $525M principal amount outstanding notes on or before their maturity on Nov. 30, 2023, and for general corporate purposes.