Black Hills Corp prices $450 million of 4.550% notes due 2031, with settlement set for Oct. 2
Black Hills Corporation agreed on September 25, 2025 to sell $450 million of 4.550% Notes due 2031 through an underwriting agreement, with gross proceeds of about $447.0 million after original issue discount and underwriting discounts. The notes are scheduled to settle on October 2, 2025, subject to customary closing conditions, and add to the company's debt.
Key points
- Principal amount: $450 million of 4.550% Notes due 2031
- Approximate gross consideration to the company: $447.0 million, after original issue discount and underwriting discounts
- Underwriting agreement dated September 25, 2025; settlement scheduled for October 2, 2025
- Notes offered under Form S-3 Registration No. 333-272739 and a prospectus supplement dated September 25, 2025
The filing
Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 29, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.