Central Hudson Gas & Electric Corporation
Overview
| Deal Type |
Private Placement |
|---|---|
| Size |
$100 Million Senior Notes $10 Million Senior Notes |
| Client & Transactional Partners |
Central Hudson Gas & Electric Corporation |
| Our Role |
Joint Lead Placement Agent |
Summary
On September 28, 2022, Central Hudson Gas & Electric Corporation (Central Hudson or the Company) closed on $100 million of privately placed 10-year Senior Notes and $10 million of privately placed 30-year Senior Notes. The Company will use the proceeds from the offering to refinance existing indebtedness and for general corporate purposes. KeyBanc Capital Markets acted as an Active Joint Lead Placement Agent on the transaction.
Central Hudson is a regulated transmission and distribution utility company. The Company serves approximately 300,000 electric customers and 80,000 natural gas customers in eight counties of New York State’s Mid-Hudson River Valley.
