trending Market Intelligence /marketintelligence/en/news-insights/trending/PkfnbDBs4ltiIAgSjyWWGw2 content esgSubNav
In This List

Pattern Energy prices $350M of senior notes

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Blog

Insight Weekly: Cryptocurrency's growth; green bond market outlook; coal investors' windfall

Blog

Insight Weekly: Challenges for European banks; Japan's IPO slowdown; carmakers' supply woes

Blog

Infographic: Q4’21 US Battery Storage by the Numbers


Pattern Energy prices $350M of senior notes

Pattern Energy Group Inc. priced $350 million of 5.875% senior unsecured notes due Feb. 1, 2024, which will be guaranteed on a senior unsecured basis by Pattern US Finance Co. LLC.

Pattern Energy will use the sale proceeds to partially fund its acquisition of the Broadview project in New Mexico and to repay borrowings under its revolving credit facility, according to a Jan. 20 release.

Subject to customary closing conditions, the offering is expected to close on Jan. 25.

Morgan Stanley & Co. LLC will serve as the underwriter for the offering.