Hunton Andrews Kurth Advises Purchasers on The Peoples Gas Light and Coke Company’s Private Placement of $100 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 $100 million aggregate principal amount of its First and Refunding Mortgage 5.82% Bonds, Series NNN due April 1, 2029, 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 883,900 customers in the Chicago, Illinois area with an average asset base of approximately $4.1 billion, as of December 31, 2022. 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, which in turn is a wholly-owned subsidiary of WEC Energy Group, Inc.

The Hunton Andrews Kurth team included Adam R. O’Brian, Patrick C. Jamieson, Monika M. Dziewa and Jingyi “Alice” Yao.