NiSource Inc. on Nov. 30 completed a plan to merge its NiSource Finance Corp. and NiSource Capital Markets Inc. subsidiaries into the parent company, according to a Dec. 1 Form 8-K filing.
Upon deal close, the parent company became the primary obligor of NiSource Finance's and NiSource Capital's debt obligations. The transactions are not expected to have any impact on the company's consolidated financial statements or the credit ratings of the outstanding debt securities.
