Nicor Gas Private Placement of $300 million of First Mortgage Bonds

Hunton Andrews Kurth LLP advised the purchasers in connection with Northern Illinois Gas Company’s (Nicor or the Company) issuance of $100 million aggregate principal amount of its First Mortgage Bonds due 2029, $50 million aggregate principal amount of its First Mortgage Bonds due 2034, $100 million aggregate principal amount of its First Mortgage Bonds due 2049 and $50 million aggregate principal amount of its First Mortgage Bonds due 2059, each in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended. The 2029 Bonds and 2049 Bonds were issued on August 30, 2019 and the 2034 Bonds and 2059 Bonds were issued on October 30, 2019.

Nicor is a natural gas distribution company that serves 2.2 million customers in a service territory that encompasses most of the northern third of Illinois, excluding the city of Chicago, and is a wholly-owned subsidiary of Southern Company Gas, which is a wholly-owned, direct subsidiary of The Southern Company. Nicor transports and stores gas for approximately 195,000 commercial and industrial customers in addition to its over 2 million residential customers. The Company is the largest natural gas distributor in northern Illinois with approximately 34,285 miles of gas mains and pipelines.

The Hunton Andrews Kurth team included Bud Ellis, Adam O’Brian, Patrick Jamieson and Michelle G. Chan.