NorthWestern Energy Group Raises $100 Million Through Additional Montana First Mortgage Bonds

Reuters
2025.11.13 21:28
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NorthWestern Corporation, a subsidiary of NorthWestern Energy Group Inc., issued an additional $100 million of Montana First Mortgage Bonds, bringing the total to $500 million. The bonds have a 5.073% annual interest rate and are payable semi-annually. Proceeds will fund capital expenditures, working capital needs, and general corporate purposes. The bonds can be redeemed at par after February 21, 2030.

NorthWestern Corporation, a wholly owned subsidiary of NorthWestern Energy Group Inc., has issued and sold an additional $100 million principal amount of its Montana First Mortgage Bonds, which now brings the total outstanding amount of these bonds to $500 million. The new bonds, governed by a supplemental indenture with The Bank of New York Mellon and Dimple Gandhi as trustees, carry a 5.073% annual interest rate, payable semi-annually. Proceeds from this issuance will be used to fund future capital expenditures, finance working capital needs-including repayment of revolving credit facility debt-and for general corporate purposes. The bonds may be redeemed at par on or after February 21, 2030. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northwestern Energy Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001993004-25-000196), on November 13, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here