Economy
Add as a preferred source on GoogleParent-company senior unsecured notes make up $125 million of the financing; a subsidiary’s first mortgage bonds account for the other $150 million.
The utility group's $275 million financing spans a parent-company note sale and a subsidiary bond issue, with terms set Oct. 15. The parent accounts for $125 million through senior unsecured notes, while a subsidiary is issuing the other $150 million in first mortgage bonds.
The parent notes come in two issues. A $75 million note carries a 6.08% rate and matures Dec. 15, 2031. The other, for $50 million, carries a 6.41% rate and matures Dec. 15, 2036.
Energy accounted for more than 80% of the monthly increase in final-demand goods prices. Gasoline rose 20.3% from August.
The 10-year yield was 5.10% and the 30-year was 5.48%, both lower than their Oct. 14 levels.
Zelenskyy said strikes on Oct. 13-14 left at least 600,000 people without power. President Donald Trump said an energy ceasefire had begun, while the Kremlin said its terms were still under discussion.
