Spire Tennessee Secures $825 Million in Senior Notes Financing
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Spire Tennessee Inc., a subsidiary of Spire Inc., has secured $825 million in Series 2026 Senior Notes through a Master Note Purchase Agreement with institutional investors. The financing is structured in five tranches with maturities from 2029 to 2038 and interest rates between 4.59% and 5.44%. The notes are senior unsecured obligations, and proceeds will be used as per the company's investor presentation. The transaction is expected to close by June 30, 2026, subject to acquisition conditions.
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