Hunton Andrews Kurth Advises Purchasers in Connection with Nicor Gas Private Placement of $200 Million of First Mortgage Bonds

Time 1 Minute Read
August 16, 2018
News

Hunton Andrews Kurth LLP advised the purchasers in connection with Northern Illinois Gas Company’s (“Nicor”) issuance of $100 million aggregate principal amount of its First Mortgage Bonds due 2039 and $100 million aggregate principal amount of its First Mortgage Bonds due 2048, each in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended.

Nicor is a natural gas distribution company that serves 2.2 million customers in a service territory that encompasses most of the northern third of Illinois, excluding the city of Chicago, and is a wholly-owned subsidiary of Southern Company Gas. Nicor transports and stores gas for approximately 195,000 commercial and industrial customers in addition to its over 2 million residential customers. Nicor is the largest natural gas distributor in northern Illinois with approximately 34,300 miles of gas mains and pipelines including a 33,000 mile distribution system that is part of a network of eight interstate pipelines.

The Hunton team included Bud Ellis, Adam O’Brian and Patrick Jamieson.

Media Contact

Lisa Franz
Director of Public Relations

Jeremy Heallen
Public Relations Senior Manager
mediarelations@HuntonAK.com

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