NSTAR Electric issues $300 million in new 5.20% debentures due 2035
PositiveFinancial Markets

NSTAR Electric has announced the issuance of $300 million in new debentures with a 5.20% interest rate, maturing in 2035. This move is significant as it allows the company to raise capital for future projects and investments, potentially enhancing its financial stability and growth prospects. Investors may find this offering attractive due to the competitive interest rate, which reflects NSTAR's strong market position.
— Curated by the World Pulse Now AI Editorial System