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EVERSOURCE ENERGY — Regulatory Filings 2015
Jan 12, 2015
30196_rns_2015-01-12_50f47631-2bdc-4ed2-b847-1c9e9bdbfff1.zip
Regulatory Filings
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FWP 1 a15-1974_4fwp.htm FWP
*Free Writing Prospectus*
*Filed pursuant to Rule 433*
*Registration No. 333-188345*
January 12, 2015
*NORTHEAST UTILITIES*
Pricing Term Sheet
| Issuer: | Northeast Utilities |
|---|---|
| Security: | $300,000,000 Senior Notes, Series H, Due 2025 |
| Maturity Date: | January 15, 2025 |
| Coupon: | 3.15% |
| Price to Public: | 99.898% |
| Yield to Maturity: | 3.162% |
| Benchmark Treasury: | 2.25% due November 15, 2024 |
| Spread to Treasury: | +125 basis points |
| Benchmark Treasury Price / Yield: | 103-01+ / 1.912% |
| Interest Payment Dates: | Semi-annually on January 15 and July 15 of each year, commencing on July 15, 2015 |
| Redemption Provisions: | Make-whole call at any time prior to October 15, 2024 at a discount rate of Treasury plus 20 basis points and, thereafter at par |
| Trade Date: | January 12, 2015 |
| Settlement Date: | January 15, 2015 |
| Concurrent Debt Offering: | The Issuer is also offering $150,000,000 of its 1.60% Senior Notes, Series G, Due 2018. |
| CUSIP / ISIN: | 664397 AM8 / US664397AM81 |
| Ratings*: | Baa1 (Moodys); BBB+ (S&P); BBB+ (Fitch) |
| Joint Book-Running Managers: | Barclays Capital Inc. Merrill Lynch, Pierce, Fenner & Smith Incorporated RBC Capital Markets, LLC J.P. Morgan Securities LLC Mitsubishi UFJ Securities (USA), Inc. |
| Co-Manager: | Samuel A. Ramirez & Company, Inc. |
- Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
*The issuer has filed a registration statement (including a prospectus, as supplemented) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus (as supplemented) in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering.* You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating
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in the offering will arrange to send you the prospectus (as supplemented) if you request it by calling Barclays Capital Inc. toll-free at (888) 603-5847; Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at (800) 294-1322; or RBC Capital Markets, LLC toll-free at (866) 375-6829.
SEQ.=1,FOLIO='',FILE='C:\JMS\108645\15-1974-4\task7142014\1974-4-bi.htm',USER='108645',CD='Jan 13 02:58 2015'