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

Core Viewpoint - Black Hills Corp. has announced a public debt offering of $450 million in senior unsecured notes with a 6.00% interest rate, maturing on January 15, 2035, expected to close on May 16, 2024 [1] Group 1: Debt Offering Details - The company is offering $450 million in senior unsecured notes at a 6.00% interest rate [1] - The offering is set to close on May 16, 2024, pending customary closing conditions [1] Group 2: Use of Proceeds - The net proceeds from the offering will be used to repay $600 million in outstanding notes due on August 23, 2024 [2] - Any remaining proceeds may be allocated for general corporate purposes [2] Group 3: Company Overview - Black Hills Corp. is a growth-oriented utility company based in Rapid City, South Dakota, serving 1.34 million natural gas and electric utility customers across eight states [5]