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Eversource sells $350M of senior notes

Eversource Energy sold $350 million of its 3.45% senior notes, series P, due Jan. 15, 2050.

Interest on the notes is payable every Jan. 15 and July 15, starting July 15, 2020.

The notes are rated Baa1 by Moody's, BBB+ by S&P Global Ratings and BBB+ by Fitch.

The company plans to use proceeds from the sale of the notes to refinance short-term debt.

Barclays Capital Inc., J.P. Morgan Securities LLC, PNC Capital Markets LLC, TD Securities (USA) LLC and U.S. Bancorp Investments Inc. are the joint book-running managers for the transaction. Siebert Williams Shank & Co. LLC served as co-manager.