Hunton Andrews Kurth LLP Advises on Rochester Gas and Electric Corporation's Offering of $200 Million of First Mortgage Bonds
Hunton Andrews Kurth LLP advised the initial purchasers in connection with the offering by Rochester Gas and Electric Corporation ('RG&E') of $200 million in aggregate principal amount of its 1.850% First Mortgage Bonds due 2030, Series CCC in a private placement under Rule 144A and Regulation S of the Securities Act of 1933, as amended, to eligible purchasers.
RG&E is a public utility company principally engaged in transmitting and distributing electricity and transporting, storing and distributing natural gas. RG&E also generates electricity, primarily from its several hydroelectric stations. RG&E serves approximately 385,500 electricity and 319,400 natural gas customers in its service territory of approximately 2,700 square miles, which contains nine counties including and surrounding the city of Rochester, New York with a population of approximately one million people.
The Hunton Andrews Kurth team included Pete O'Brien, Christina Kwon, Brendan Harney and Flavia Vehbiu. Robert McNamara and Tim Strother provided tax advice.