Locke Lord Provides Legal Counsel to Tampa Electric Company for Underwritten Public Offering

Locke Lord represented Tampa Electric Company in the underwritten public offering of $375 million principal amount of 4.45% notes due 2049, which closed on Oct. 4, 2018, and makes a total of $725 million of notes the client issued during 2018 (see previous transaction). Tampa Electric plans to use proceeds of the sale for repayment of short-term debt and for general corporate purposes. The Locke Lord team was led by John Whitlock (Boston) and Aileen Meehan (New York) with assistance from Tanya Beroukhim (Boston) and Megan Foscaldi (Boston).
Posted on October 9, 2018