Black Hills Corp. Announces Pricing of $450 Million Debt Offering

RAPID CITY, S.D., May 13, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE:BKH) today announced the pricing of a registered public debt offering of $450 million aggregate principal amount of 6.00% senior unsecured notes due Jan. 15, 2035. The company expects the offering to close on May 16, 2024, subject to customary closing conditions. The company plans to use the net proceeds from the offering, together with available cash or short-term borrowings under its existing facilities, to repay its $600 million p ...