Hunton Andrews Kurth LLP Advises the Purchasers on The Peoples Gas Light and Coke Company’s Private Placement of $200 Million of Mortgage Bonds

Hunton Andrews Kurth  LLP advised the purchasers in connection with The Peoples Gas Light and Coke Company’s (Peoples Gas) issuance of $200 million aggregate principal amount of its First and Refunding Mortgage 2.20% Bonds, Series LLL due November 15, 2028, in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended.

Peoples Gas is a regulated natural gas utility serving approximately 878,400 customers in the Chicago, Illinois area with an approved rate base of approximately $3.4 billion, as of December 31, 2020. Peoples Gas utilizes its storage and pipeline supply assets as a natural gas hub, providing wholesale transportation and storage services in interstate commerce. Peoples Gas is a wholly-owned subsidiary of Peoples Energy, LLC, which is a wholly-owned subsidiary of Integrys Holding, Inc., which in turn is a wholly-owned subsidiary of WEC Energy Group, Inc.

The Hunton Andrews Kurth team included Bud Ellis, Adam O’Brian, Patrick Jamieson, S. Ashley Jaber and Reuben Pearlman.