Hunton & Williams Advises on Northern States Power Company (MN) $300 Million First Mortgage Bond Offering

Hunton & Williams LLP advised BMO Capital Markets Corp., J.P. Morgan Securities LLC, KeyBanc Capital Markets Inc., and Mizuho Securities USA Inc., as underwriters on an SEC-registered offering by Northern States Power Company (MN) (“NSPM”) of $300 million aggregate principal amount of first mortgage bonds due 2044.

NSPM is an operating utility engaged primarily in the generation, purchase, transmission, distribution and sale of electricity in Minnesota, North Dakota and South Dakota. NSPM also purchases, transports, distributes and sells natural gas to retail customers and transport customer-owned gas in Minnesota and North Dakota. As of December 31, 2013, NSPM provided electric utility service to approximately 1.4 million customers and natural gas utility service to approximately 0.5 million customers.

The Hunton & Williams LLP team included Peter O’Brien, Steven Friend and Christina Kwon.