Hunton Andrews Kurth Represents Evergy, Inc. in Inaugural Offering of $500 Million Fixed-to-Fixed Reset Rate Junior Subordinated Notes

Hunton Andrews Kurth LLP advised Evergy, Inc. (“Evergy”) in connection with its inaugural offering of $500 million aggregate principal amount of 6.65% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2055. The offering closed on December 5, 2024.

Evergy, a Missouri corporation, is a public utility holding company incorporated in 2017 and headquartered in Kansas City, Missouri. Evergy operates primarily through the following wholly-owned direct subsidiaries: (i) Evergy Kansas Central, Inc. is an integrated, regulated electric utility that provides electricity to customers in the state of Kansas. Evergy Kansas Central has one active wholly-owned subsidiary with significant operations, Evergy Kansas South, Inc.; (ii) Evergy Metro, Inc. is an integrated, regulated electric utility that provides electricity to customers in the states of Missouri and Kansas; (iii) Evergy Missouri West, Inc. is an integrated, regulated electric utility that provides electricity to customers in the state of Missouri and (iv) Evergy Transmission Company, LLC owns 13.5% of Transource Energy, LLC, which is focused on the development of competitive electric transmission projects, with the remaining 86.5% owned by a subsidiary of American Electric Power Company, Inc.

The Hunton Andrews Kurth team included Peter K. O’Brien, Brendan P. Harney, Reuben H. Pearlman, Jingyi “Alice” Yao and Gabrielle Kraushaar. Robert McNamara, William Freeman, Caitlin Scipioni and Katherine Gallagher provided tax advice.