Regulatory Filings • Feb 22, 2022
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Download Source FileFWP 1 tm227039d2_fwp.htm FWP
Free Writing Prospectus
Filed pursuant to Rule 433
Registration No. 333-231118
February 22, 2022
EVERSOURCE ENERGY
| Pricing Term Sheet | |
|---|---|
| Issuer: | Eversource Energy |
| Security: | $650,000,000 2.90% Senior Notes, Series V, Due 2027 |
| Principal Amount: | $650,000,000 |
| Maturity Date: | March 1, 2027 |
| Coupon: | 2.90% |
| Benchmark Treasury: | 1.500% due January 31, 2027 |
| Benchmark Treasury Price / Yield: | 98-08 ¼ / 1.871% |
| Spread to Benchmark Treasury: | + 105 basis |
| points | |
| Yield to Maturity: | 2.921% |
| Price to Public: | 99.902% of the principal amount |
| Interest Payment Dates: | Semi-annually on March 1 and September 1 of each year, commencing on September 1, 2022 |
| Redemption Provisions: | Make-whole |
| call at any time prior to February 1, 2027 (one month prior to the Maturity Date) at a discount rate of Treasury plus 20 basis | |
| points and on or after such date at par | |
| Trade Date: | February 22, 2022 |
| Settlement Date*: | February 25, 2022 (T+3) |
| CUSIP / ISIN: | 30040W AQ1 / US30040WAQ15 |
| Expected Ratings**: | Baa1 (Moody’s); BBB+ (S&P); BBB+ (Fitch) |
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| Global Coordinators: | Goldman Sachs & Co. LLC |
|---|---|
| J.P. Morgan Securities LLC | |
| Joint Book-Running Managers: | Citigroup Global Markets Inc. Morgan Stanley & Co. LLC PNC Capital Markets LLC RBC Capital Markets, LLC |
| Co-Manager: | Samuel A. Ramirez & Company, Inc. WR Securities, LLC |
** 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 in the offering will arrange to send you the prospectus (as supplemented) if you request it by calling Goldman Sachs & Co. LLC toll-free at (866) 471-2526; J .P. Morgan Securities LLC collect at 1-212-834-4533 ; Citigroup Global Markets Inc. toll-free at (800) 831-9146; Morgan Stanley & Co. LLC toll-free at (866) 718-1649; PNC Capital Markets LLC toll-free at (855) 881-0697 ; or RBC Capital Markets, LLC toll-free at (866) 375-6829.
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