0001104659-23-057314.txt : 20230509 0001104659-23-057314.hdr.sgml : 20230509 20230508185232 ACCESSION NUMBER: 0001104659-23-057314 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20230509 DATE AS OF CHANGE: 20230508 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: 333-264278 FILM NUMBER: 23899464 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 tm2314646d4_fwp.htm FWP

Free Writing Prospectus

Filed pursuant to Rule 433

Registration No. 333-264278

May 8, 2023

EVERSOURCE ENERGY

Pricing Term Sheet
Issuer:	Eversource Energy
Security:	$450,000,000 4.75% Senior Notes, Series AA, Due 2026
Principal Amount:	$450,000,000
Maturity Date:	May 15, 2026
Coupon:	4.75%
Benchmark Treasury:	3.750% due April 15, 2026
Benchmark Treasury Price / Yield:	100-02+ / 3.721%
Spread to Benchmark Treasury:	105 basis points
Yield to Maturity:	4.771%
Price to Public:	99.941% of the principal amount
Interest Payment Dates:	Semi-annually on May 15 and November 15 of each year, commencing on November 15, 2023
Redemption Provisions:	Make-whole call at a discount rate of Treasury plus 20 basis points
Trade Date:	May 8, 2023
Settlement Date*:	May 11, 2023 (T+3)
CUSIP / ISIN:	30040W AV0 / US30040WAV00
Expected Ratings**:	Baa1 (Moody’s); BBB+ (S&P); BBB+ (Fitch)
Global Coordinators:	Barclays Capital Inc. Citigroup Global Markets Inc. Goldman Sachs & Co. LLC
Joint Book-Running Managers:	BofA Securities, Inc.
	BNY Mellon Capital Markets, LLC
	J.P. Morgan Securities LLC
	KeyBanc Capital Markets Inc.
	Mizuho Securities USA LLC
	Morgan Stanley & Co. LLC
	MUFG Securities Americas Inc.
	PNC Capital Markets LLC
	RBC Capital Markets, LLC
	TD Securities (USA) LLC
	U.S. Bancorp Investments, Inc.
	Wells Fargo Securities, LLC
Co-Manager:	Roberts & Ryan Investments, Inc.

* Pursuant to Rule 15c6-1 under the Securities Exchange Act of 1934, as amended, trades in the secondary market generally are required to settle in two business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade notes in the secondary market prior to the date that is two business days before the settlement date will be required, by virtue of the fact that the notes initially will settle T+3 (on May 11, 2023) to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement. Purchasers of notes who wish to trade notes prior to the date that is two business days before the settlement date should consult their own advisors.

** 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; Citigroup Global Markets Inc. toll-free at (800) 831-9146; Goldman Sachs & Co. LLC toll-free at (866) 471-2526; BNY Mellon Capital Markets, LLC toll-free at (800) 269-6864; KeyBanc Capital Markets Inc. at (866) 277-6479; PNC Capital Markets LLC toll-free at (855) 881-0697; or U.S. Bancorp Investments, Inc. toll-free at (877) 558-2607.