RAPID CITY, South Dakota, Sept. 6, 2023 (Globe Newswire) — Black Hills Incorporated (NYSE: BKH) today announced the sale of $450 million aggregate principal amount of 6.15% senior unsecured notes due May 15. announced the pricing of its registered public bonds. The company expects the offering to close on September 15, 2023, subject to customary closing conditions.
The Company intends to use the net proceeds from the issuance, combined with available cash, to fully repay its $525 million principal amount of outstanding debt through its November 30, 2023 maturity and for general corporate purposes. I plan to use it for
This offering is made solely by way of a supplemental prospectus relating to the offering and an accompanying master prospectus previously filed with the Securities and Exchange Commission. A copy of it is available free of charge by visiting his EDGAR on the SEC website (www.sec). Or, upon request, call MUFG Securities Americas Inc. toll-free at 1-877-649-6848 or Scotia Capital (USA) Inc. toll-free at 1-800-372-3930.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, and in jurisdictions where such offer, solicitation or sale prior to registration or qualification is unlawful. , no securities will be sold. the securities laws of such jurisdictions;
Black Hills Co., Ltd.
Black Hills Corp. (NYSE: BKH) is a customer-focused, growth-driven utility company with a heritage of improving lives with energy and a vision to be the energy partner of choice. Based in Rapid City, South Dakota, the company serves 1.3 million natural gas and power utility customers in its eight states of Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming. I’m here. For more information, please visit www.blackhillscorp.com.
PR for investors
Jerome E. Nichols
605-721-1171
jerome.nichols@blackhillscorp.com
24-hour media support line
888-242-3969
Cautionary Note Regarding Forward-Looking Statements
This news release contains “forward-looking statements” as defined by the Securities and Exchange Commission (SEC). We make these forward-looking statements based on the safe harbor protections provided under the Private Securities Litigation Reform Act of 1995. All statements contained in this news release, other than statements of historical fact, refer to activities, events or developments anticipated by the Company. , believes or anticipates that they will or may occur in the future are forward-looking statements, including our expectations regarding the completion and timing of the transactions described in this news release. These forward-looking statements are based on assumptions that we believe are reasonable based on our current expectations and projections regarding future events, industry conditions and trends affecting our business. However, actual results and developments in line with our expectations and projections are subject to a number of risks and uncertainties and, among other things, actual results may differ materially from those contained in the forward-looking statements. It can be the cause. The risk factors described in Item 1A of Part I of our 2022 Annual Report on Form 10-K filed with the SEC and other reports we file with the SEC from time to time.
New factors may arise from time to time that could cause actual results to differ materially from those set forth in the forward-looking statements, and all such factors, or any combination of such factors, may be It is not possible for us to predict the extent of the impact. Actual results may differ from those contained in forward-looking statements. We undertake no obligation to publicly update such forward-looking statements, whether as a result of new information, future events or otherwise.