![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Name | Symbol | Market | Type |
---|---|---|---|
Wisconsin Electric Power Company (QB) | USOTC:WELPM | OTCMarkets | Preference Share |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 103.00 | 103.00 | 105.01 | 0.00 | 12:19:08 |
Pricing Term Sheet
Filed Pursuant to Rule 433(d)
Registration No. 333-260807
January 9, 2023
CUSIP / ISIN: | 92939UAK2 / US92939UAK25 |
Terms Applicable to 4.75% Senior Notes due January 15, 2028 (the “2028 Notes”)
| |
Principal Amount: | $450,000,000 |
Maturity: | January 15, 2028 |
Coupon: | 4.75% |
Initial Price to Public: | 99.867% per Senior Note |
Yield to Maturity: | 4.780% |
Spread to Benchmark Treasury: | +112.5 basis points |
Benchmark Treasury: | UST 3.875% due December 31, 2027 |
Benchmark Treasury Yield: | 3.655% |
Interest Payment Dates: | January 15 and July 15, commencing July 15, 2023 |
Optional Redemption: | Prior to December 15, 2027 (the date that is one (1) month prior to the maturity date, which is referred to herein as the “2028 Par Call Date”), the 2028 Notes will be redeemable, at the option of the Issuer, in whole or in part, at any time and from time to time, at a redemption price (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of: (1) (a) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the redemption date (assuming the 2028 Notes matured on the 2028 Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate, as defined in the preliminary prospectus supplement of the Issuer dated the date hereof, plus 20 basis points less (b) interest accrued to, but not including, the date of redemption; and (2) 100% of the principal amount of the 2028 Notes to be redeemed, plus, in either case, accrued and unpaid interest thereon to, but not including, the redemption date. On or after the 2028 Par Call Date, the Issuer may redeem the 2028 Notes, in whole or in part, at any time and from time to time, at a redemption price equal to 100% of the principal amount of the 2028 Notes being redeemed plus accrued and unpaid interest thereon to, but not including, the redemption date. |
CUSIP / ISIN: | 92939UAL0 / US92939UAL08 |
* 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) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus 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 if you request it by contacting Barclays Capital Inc. toll-free at (888) 603-5847, J.P. Morgan Securities LLC collect at (212) 834-4533, Morgan Stanley & Co. LLC toll-free at (866) 718-1649 or Wells Fargo Securities, LLC toll-free at (800) 645-3751.
1 Year Wisconsin Electric Power (QB) Chart |
1 Month Wisconsin Electric Power (QB) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions