--$300 million 4.500% senior notes due
March 15, 2021 'BBB-';
The first capital repayment will take place on
March 15, 2021 for category A and March 15, 2019 for category B.
Further assume the employer paid the bonus on
March 15, 2021 (the designated payment date).
From and including the date of issuance, but excluding
March 15, 2021, the notes will bear interest at an initial rate of 6 percent per annum.
In particular, the agency lowered the rating on the bank's EUR 15 million (USD 20.9m) senior subordinated bond due
March 15, 2021 (ISIN : AT0000432661) to Baa2 from Baa1 and raised the rating on its EUR 10 million senior unsecured bond due July 24, 2012 (ISIN : AT000B052584) to Baa1 from Baa2.
Dividends on the Series D preferred stock will be payable quarterly in arrears, at a fixed rate per annum equal to 6.50 percent from the original issue date to, but excluding,
March 15, 2021, and thereafter at a floating rate per annum equal to three-month LIBOR on the related dividend determination date plus a spread of 5.09 percent per annum.
Eversource is adding on $150 million to its existing senior unsecured notes, series I, due
March 15, 2021. Following this add-on issuance, the aggregate principal amount of outstanding series I notes will be $400 million.
In addition, Eversource is adding on $150 million to its existing senior unsecured notes, series I, due
March 15, 2021. Following this add-on issuance, the aggregate principal amount of outstanding series I notes will be $400 million.