Davis Polk Advises Westar Energy on $250 Million First-Mortgage Bond Offering
Davis Polk advised Westar Energy, Inc. in connection with its SEC-registered offering of $250 million in aggregate principal amount of 4.625% first-mortgage bonds due 2043. The joint book-running managers were Mitsubishi UFJ Securities (USA), Inc., UBS Securities LLC and Wells Fargo Securities, LLC.
Westar Energy is the largest electric utility in Kansas, providing electric generation, transmission and distribution services to approximately 694,000 customers.