Nisource Finance Corp., founded in 2000 and headquartered in Merrillville, Indiana, serves as a financing entity for NiSource Inc., facilitating its strategic initiatives and investments. The company primarily provides financing solutions through the issuance of long-term debt securities to support energy infrastructure and operations.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NI 3.49% 2027-05-15 USDNisource Finance Corp. | United States | 2027-05-15 | 3.490 | 3.92 |
| NI 3.95% 2048-03-30 USDNisource Finance Corp. | United States | 2048-03-30 | 3.950 | 5.72 |
| NI 4.38% 2047-05-15 USDNisource Finance Corp. | United States | 2047-05-15 | 4.375 | 5.71 |
| NI 4.80% 2044-02-15 USDNisource Finance Corp. | United States | 2044-02-15 | 4.800 | 5.66 |
| NI 5.25% 2043-02-15 USDNisource Finance Corp. | United States | 2043-02-15 | 5.250 | 5.58 |
| NI 5.65% 2045-02-01 USDNisource Finance Corp. | United States | 2045-02-01 | 5.650 | 5.64 |
| NI 5.80% 2042-02-01 USDNisource Finance Corp. | United States | 2042-02-01 | 5.800 | 5.69 |
| NI 5.95% 2041-06-15 USDNisource Finance Corp. | United States | 2041-06-15 | 5.950 | 5.61 |
| NI 6.25% 2040-12-15 USDNisource Finance Corp. | United States | 2040-12-15 | 6.250 | 5.58 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Nisource Finance Corp. began issuing bonds in 2003, with notable issuances including a $400 million offering in 2018 that was utilized to refinance existing debt and fund capital projects. As of October 2023, the company's bonds yield an attractive rate compared to the utility sector average, reflecting strong investor demand. Notably, their bonds feature a range of maturities and are structured to support environmentally sustainable energy initiatives, aligning with the company’s commitment to clean energy transition.