Hunton Advises on Upper Michigan Energy Resources Corporation’s Private Placement of $120M Senior Notes
Hunton Andrews Kurth LLP advised the purchasers in connection with Upper Michigan Energy Resources Corporation’s (UMERC) issuance of (i) $80 million aggregate principal amount of its 5.31% Senior Notes due August 14, 2030 and (ii) $40 million aggregate principal amount of its 5.93% Senior Notes due August 14, 2035 in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended.
UMERC, a wholly-owned subsidiary of WEC Energy Group, Inc., is an electric and natural gas utility that serves approximately 37,400 retail electric customers and 5,400 natural gas customers in the Upper Peninsula of Michigan.
The Hunton team included Adam R. O'Brian, Patrick C. Jamieson, Monika M. Dziewa and Gabrielle Kraushaar.
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