8-KThe WireStrategic
New Debt / Obligation
Filed Apr 18, 2024 · 2y ago · Accession 0001104659-24-048834
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Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13
OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event
reported): April 18, 2024
EVERSOURCE ENERGY
(Exact name of registrant as specified
in its charter)
Massachusetts
001-05324
04-2147929
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
300
Cadwell Drive ,
Springfield ,
Massachusetts
01104
(Address of principal executive offices)
(Zip Code)
( 800 ) 286-5000
Registrant’s telephone number,
including area code
Not Applicable
(Former name or former address, if changed
since last report.)
Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
¨ Written communications pursuant to Rule 425 under
the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under
the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of
the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Shares, $5.00 par value per share
ES
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§240.12b-2 of this chapter).
Emerging growth
company ¨
If an emerging
growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with
any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.03
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
On April 18, 2024, Eversource
Energy issued (i) $700,000,000 aggregate principal amount of its 5.85% Senior Notes, Series FF, Due 2031 (the “2031 Notes”)
and (ii) $700,000,000 aggregate principal amount of its 5.95% Senior Notes, Series GG, Due 2034 (the “2034 Notes”
and together with the 2031 Notes, the “Notes”), pursuant to an Underwriting Agreement, dated April 15, 2024, among Eversource
Energy and Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, MUFG Securities Americas Inc.,
TD Securities (USA) LLC and U.S. Bancorp Investments, Inc., as representatives of the underwriters named therein (the “Underwriting
Agreement”).
The Notes are Eversource Energy’s
unsecured obligations and were issued under the Twenty-Second Supplemental Indenture, dated April 1, 2024, between Eversource Energy
and The Bank of New York Mellon Trust Company, N.A. (the “Twenty-Second Supplemental Indenture”), supplementing the Indenture
between Eversource Energy and The Bank of New York Mellon Trust Company, N.A. (as successor trustee), dated as of April 1, 2002 (the
“Indenture”).
Interest on the 2031 Notes
is payable semi-annually in arrears on April 15 and October 15 of each year, beginning on October 15, 2024 and ending on
the maturity date of the 2031 Notes. Interest on the 2034 Notes is payable semi-annually in arrears on January 15 and July 15
of each year, beginning on July 15, 2024 and ending on the maturity date of the 2034 Notes.
The foregoing summaries of
the Underwriting Agreement, the Indenture and the Twenty-Second Supplemental Indenture do not purport to be complete and are qualified
in their entirety by references to such documents. The Underwriting Agreement and the Twenty-Second Supplemental Indenture are filed hereto
as Exhibits 1.1 and 4.1, respectively. The Indenture is filed as Exhibit A-3 to Eversource Energy’s 35-CERT, filed April 16,
2002 (File No. 070-09535).
A copy of the opinion of Ropes & Gray
LLP relating to the validity of the Notes is filed as Exhibit 5.1 hereto.
Item 9.01
Financial Statements and Exhibits.
(d)
Exhibits.
Exhibit
Number
Description
1.1
Underwriting Agreement,
dated April 15, 2024, among Eversource Energy and the Underwriters named therein.
4.1
Twenty-Second Supplemental
Indenture, dated as of April 1, 2024, between Eversource Energy and The Bank of New York Mellon Trust Company, N.A., as Trustee.
4.2
Form of the 2031 Notes
(included as Exhibit A to the Twenty-Second Supplemental Indenture filed herewith as Exhibit 4.1).
4.3
Form of the 2034 Notes
(included as Exhibit B to the Twenty-Second Supplemental Indenture filed herewith as Exhibit 4.1).
5.1
Legal opinion of Ropes &
Gray LLP relating to the validity of the Notes.
23.1
Consent of Ropes &
Gray LLP (included in Exhibit 5.1).
104
Cover Page Interactive
Data File (embedded within the Inline XBRL document).
SIGNATURE
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
EVERSOURCE ENERGY
(Registrant)
April 18, 2024
By:
/s/ Emilie G. O’Neil
Emilie G. O’Neil
Assistant Treasurer
Filing details
- Company
- EVERSOURCE ENERGY
- Ticker
- ES
- CIK
- 72741
- Form type
- 8-K
- Filing date
- Apr 18, 2024
- Report date
- Apr 18, 2024
- Document
- tm2412048d1_8k.htm
- Size
- 665 KB