0001104659-15-001892.txt : 20150112 0001104659-15-001892.hdr.sgml : 20150112 20150112165758 ACCESSION NUMBER: 0001104659-15-001892 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150112 DATE AS OF CHANGE: 20150112 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NORTHEAST UTILITIES CENTRAL INDEX KEY: 0000072741 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 042147929 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-188345 FILM NUMBER: 15522508 BUSINESS ADDRESS: STREET 1: 300 CADWELL DRIVE CITY: SPRINGFIELD STATE: MA ZIP: 01104 BUSINESS PHONE: 8606655000 MAIL ADDRESS: STREET 1: 107 SELDEN ST CITY: BERLIN STATE: CT ZIP: 06037-1616 FORMER COMPANY: FORMER CONFORMED NAME: NORTHEAST UTILITIES SYSTEM DATE OF NAME CHANGE: 19961121 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: NORTHEAST UTILITIES CENTRAL INDEX KEY: 0000072741 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 042147929 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 300 CADWELL DRIVE CITY: SPRINGFIELD STATE: MA ZIP: 01104 BUSINESS PHONE: 8606655000 MAIL ADDRESS: STREET 1: 107 SELDEN ST CITY: BERLIN STATE: CT ZIP: 06037-1616 FORMER COMPANY: FORMER CONFORMED NAME: NORTHEAST UTILITIES SYSTEM DATE OF NAME CHANGE: 19961121 FWP 1 a15-1974_3fwp.htm FWP

 

Free Writing Prospectus

Filed pursuant to Rule 433

Registration No. 333-188345

 

January 12, 2015

 

NORTHEAST UTILITIES

 

Pricing Term Sheet

 

Issuer:

 

Northeast Utilities

Security:

 

$150,000,000 Senior Notes, Series G, Due 2018

Maturity Date:

 

January 15, 2018

Coupon:

 

1.60%

Price to Public:

 

99.880%

Yield to Maturity:

 

1.641%

Benchmark Treasury:

 

1.00% due December 15, 2017

Spread to Treasury:

 

+75 basis points

Benchmark Treasury Price / Yield:

 

100-10 / 0.891%

Interest Payment Dates:

 

Semi-annually on January 15 and July 15 of each year, commencing on July 15, 2015

Redemption Provisions:

 

Make-whole call at any time at a discount rate of Treasury plus 12.5 basis points

Trade Date:

 

January 12, 2015

Settlement Date:

 

January 15, 2015

Concurrent Debt Offering:

 

The Issuer is also offering $300,000,000 of its 3.15% Senior Notes, Series H, Due 2025.

CUSIP / ISIN:

 

664397 AL0 / US664397AL09

Ratings*:

 

Baa1 (Moody’s); BBB+ (S&P); BBB+ (Fitch)

Joint Book-Running Managers:

 

Barclays Capital Inc.

Merrill Lynch, Pierce, Fenner & Smith

Incorporated

RBC Capital Markets, LLC
J.P. Morgan Securities LLC
Mitsubishi UFJ Securities (USA), Inc.

Co-Manager:

 

Samuel A. Ramirez & Company, Inc.

 

* Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

 

The issuer has filed a registration statement (including a prospectus, as supplemented) with the SEC for the offering to which this communication relates.  Before you invest, you should read the prospectus (as supplemented) in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering.  You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov.  Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus (as supplemented) if you request it by

 


 

calling Barclays Capital Inc. toll-free at (888) 603-5847; Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at (800) 294-1322; or RBC Capital Markets, LLC toll-free at (866) 375-6829.