Regulatory Filings • Nov 8, 2023
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Download Source FileFWP 1 tm2330054d2_fwp.htm FWP
Free Writing Prospectus
Filed pursuant to Rule 433
Registration No. 333-264278
November 8, 2023
EVERSOURCE ENERGY
| Pricing Term
Sheet | |
| --- | --- |
| Issuer: | Eversource
Energy |
| Security: | $800,000,000 5.95% Senior Notes,
Series CC, Due 2029 |
| Principal
Amount: | $800,000,000 |
| Maturity
Date: | February
1, 2029 |
| Coupon: | 5.95% |
| Benchmark
Treasury: | 4.875% due October 31, 2028 |
| Benchmark
Treasury Price / Yield: | 101-19 3/4 / 4.508% |
| Spread
to Benchmark Treasury: | 147 basis points |
| Yield
to Maturity: | 5.978% |
| Price
to Public: | 99.887% of the principal amount |
| Interest
Payment Dates: | Semi-annually
on February 1 and August 1 of each year, commencing on February 1, 2024 |
| Redemption Provisions: | Make-whole
call at any time prior to January 1, 2029 (one month prior to the Maturity Date) at a discount rate of Treasury plus 25 basis points
and on or after such date at par |
| Trade
Date: | November
8, 2023 |
| Settlement
Date: | November
10, 2023 (T+2) |
| CUSIP
/ ISIN: | 30040WAW8 / US30040WAW82 |
| Expected
Ratings*: | Baa2
(Moody’s); BBB+ (S&P); BBB+ (Fitch) |
| Joint
Book-Running Managers: | Barclays
Capital Inc. |
| | Citigroup
Global Markets Inc. |
| | J.P.
Morgan Securities LLC |
| | Morgan
Stanley & Co. LLC |
| | MUFG
Securities Americas Inc. |
| | U.S.
Bancorp Investments, Inc. |
| Co-Managers: | Samuel
A. Ramirez & Company, Inc. |
| | Siebert
Williams Shank & Co., LLC |
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 Barclays Capital Inc. toll-free at (888) 603-5847; Citigroup Global Markets Inc. toll-free at (800) 831-9146; J.P. Morgan Securities LLC collect at (212) 834-4533; Morgan Stanley & Co. LLC toll-free at (866) 718-1649; MUFG Securities Americas Inc. toll-free at (877) 649-6848; or U.S. Bancorp Investments, Inc. toll-free at (877) 558-2607 .
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