0001104659-16-103021.txt : 20160307 0001104659-16-103021.hdr.sgml : 20160307 20160307171238 ACCESSION NUMBER: 0001104659-16-103021 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20160307 DATE AS OF CHANGE: 20160307 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EVERSOURCE ENERGY 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: 161489355 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 DATE OF NAME CHANGE: 20041201 FORMER COMPANY: FORMER CONFORMED NAME: NORTHEAST UTILITIES SYSTEM DATE OF NAME CHANGE: 19961121 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: EVERSOURCE ENERGY 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 DATE OF NAME CHANGE: 20041201 FORMER COMPANY: FORMER CONFORMED NAME: NORTHEAST UTILITIES SYSTEM DATE OF NAME CHANGE: 19961121 FWP 1 a16-5766_4fwp.htm FWP

 

     

Free Writing Prospectus

Filed pursuant to Rule 433

Registration No. 333-188345

 

March 7, 2016

 

EVERSOURCE ENERGY

 

Pricing Term Sheet

 

Issuer:

 

Eversource Energy

Security:

 

$250,000,000 Senior Notes, Series J, Due 2026

Maturity Date:

 

March 15, 2026

Coupon:

 

3.35%

Benchmark Treasury:

 

1.625% due February 15, 2026

Benchmark Treasury Price / Yield:

 

97-12 / 1.916%

Spread to Treasury:

 

+147 basis points

Yield to Maturity:

 

3.386%

Price to Public:

 

99.696%

Interest Payment Dates:

 

Semi-annually on March 15 and September 15 of each year, commencing on September 15, 2016

Redemption Provisions:

 

Make-whole call at any time prior to December 15, 2025 (three months prior to the Maturity Date) at a discount rate of Treasury plus 25 basis points and on or after such date at par

Trade Date:

 

March 7, 2016

Settlement Date:

 

March 10, 2016

Concurrent Debt Offering:

 

The Issuer is also offering $250,000,000 of its 2.50% Senior Notes, Series I, Due 2021.

CUSIP / ISIN:

 

30040W AB4 / US30040WAB46

Ratings*:

 

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

Joint Book-Running Managers:

 

Barclays Capital Inc.

Merrill Lynch, Pierce, Fenner & Smith
Incorporated

TD Securities (USA) LLC
RBC Capital Markets, LLC
U.S. Bancorp Investments, Inc.
Wells Fargo Securities, LLC

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 TD Securities (USA) LLC toll-free at (855) 495-9846.