Simpson Thacher recently represented the underwriters, led by J.P. Morgan Securities LLC, in an offering by Northwest Natural Holding Company (“NW Natural Holdings”) of approximately $96.3 million of common stock. The shares are listed on the New York Stock Exchange.
NW Natural Holdings (NYSE: NWN) is a public utility holding company headquartered in Portland, Oregon, which, through its largest subsidiary Northwest Natural Gas Company, provides natural gas distribution service to approximately two million people in more than 140 communities through more than 750,000 meters in Oregon and southwestern Washington.
The Simpson Thacher team that worked on the transactions included Brian Rosenzweig and Brian Mathes (Capital Markets); Brian Chisling, Amy Beller and Mark Skerry (Energy); Andrew Pagliughi (FINRA and Blue Sky); Michael Isby (Environmental); and Ed Grais (Tax). Summer Associate Siwei Yang provided valuable assistance.