Hunton Andrews Kurth Advises Purchasers in Nicor Gas Private Placement of $375 Million of First Mortgage Bonds

Hunton Andrews Kurth LLP advised the purchasers in connection with Northern Illinois Gas Company’s (Nicor or the Company) issuance of $50 million aggregate principal amount of its First Mortgage Bonds due 2026, $100 million aggregate principal amount of its First Mortgage Bonds due 2028, $100 million aggregate principal amount of its First Mortgage Bonds due 2032, $50 million aggregate principal amount of its First Mortgage Bonds due 2033 and $75 million aggregate principal amount of its First Mortgage Bonds due 2062, each in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended. The 2026 Bonds and 2033 Bonds were issued on August 31, 2021, the 2028 Bonds were issued on October 28, 2021, the 2032 Bonds were issues on August 31, 2022 and the 2062 Bonds were issued on October 27, 2022.

Nicor is a natural gas distribution company that serves 2.26 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, which is a wholly-owned, direct subsidiary of The Southern Company. The Company is the largest natural gas distributor in northern Illinois with approximately 34,600 miles of gas distribution, transmission and storage system mains that is connected to eight interstate pipelines.

The Hunton Andrews Kurth team included Steven C. Friend, Patrick C. Jamieson, Michelle G. Chan and Monika M. Dziewa.