Simpson Thacher recently represented the underwriters, led by Wells Fargo Securities, LLC, J.P. Morgan Securities LLC and RBC Capital Markets, LLC, in an offering by Northwest Natural Gas Company (“NW Natural”) of approximately $55.3 million of common stock. The shares are listed on the New York Stock Exchange.
In addition, Simpson Thacher recently represented the agents, Wells Fargo Securities, LLC, U.S. Bancorp Investments, Inc., MUFG Securities Americas Inc. and CIBC Capital Markets, in an offering by NW Natural of $150 million aggregate principal amount of its Medium-Term Notes, Series B.
NW Natural (NYSE: NWN) is headquartered in Portland, Oregon, and provides natural gas service to more than 718,000 residential, commercial and industrial customers in western Oregon and southwestern Washington.
The Simpson Thacher team that worked on the transactions included Andy Keller, Xavier Kowalski and Matthew Kemp (Capital Markets); Brian Chisling and Amy Beller (Energy); Jennie Getsin and Andrew Pagliughi (FINRA and Blue Sky); Michael Isby (Environmental); and Deborah Plum (Tax).