Simpson Thacher Represents Agents in $150 Million Medium Term Note Offering by NW Natural
03.31.20
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Simpson Thacher represented the agents, BofA Securities Inc., BMO Capital Markets Corp. and RBC Capital Markets, LLC, in an offering by Northwest Natural Gas Company (“NW Natural”) of $150 million aggregate principal amount of its 3.6% Secured Medium-Term Notes, Series B due 2050.
NW Natural provides natural gas service to approximately 2.5 million people in more than 140 communities through 760,000 meters in Oregon and Southwest Washington. NW Natural is part of Northwest Natural Holding Company, (NYSE: NWN), which is headquartered in Portland, Oregon, and owns NW Natural, NW Natural Water Company and other business interests and activities.
The Simpson Thacher team included Brian Rosenzweig, Brian Mathes and Rick Titcomb (Capital Markets) and Brian Chisling (Energy).