Hunton Andrews Kurth Advises on American Transmission Company LLC’s $200 Million Private Placement

Hunton Andrews Kurth LLP advised American Transmission Company LLC (ATC) on the company’s private placement to institutional investors of $200 million aggregate principal amount of Senior Notes.

ATC is a Wisconsin-based utility that owns and operates the electric transmission system in portions of Wisconsin, Michigan, Minnesota and Illinois. Formed in 2001 as the nation’s first multi-state transmission-only utility, ATC now owns and operates over $5.9 billion in assets, including over 10,000 miles of transmission lines and more than 580 substations. 12 percent of ATC’s ownership is municipal and cooperative utilities, and 88 percent is investor-owned utilities.

The Hunton Andrews Kurth team included Steven C. Friend and Michelle G. Chan.