Akin Gump Advises Spire Missouri in $300 Million Bond Offering
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(New York) – Spire Missouri Inc., a wholly owned subsidiary of Spire Inc., issued and sold $300 million of floating rate first mortgage bonds. A team from Akin Gump advised Spire Missouri in the underwritten offering.
The bonds comprise a new floating rate series of Spire Missouri’s first mortgage bonds, maturing on December 2, 2024, and were offered pursuant to an underwriting agreement, dated December 1, 2021, with a syndicate of underwriters, for whom U.S. Bancorp Investments, Inc. acted as representative.
The Akin Gump deal team advising Spire Missouri was led by corporate partner Lucas Torres. He was joined by corporate counsel Yehuda Raskin and associates Conor Youngs and Jacob Alexander Shapiro.
In May, Akin Gump represented Spire Missouri in an underwritten public offering of $305 million of 30-year, fixed-rate first mortgage bonds, and, in February, represented Spire Inc. in its $160 million underwritten public offering of equity units. Learn more here.
Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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