Locke Lord provided legal counsel to Tampa Electric Company for the underwritten public offering of $350M principal amount of 4.30% notes due June 15, 2048. Tampa Electric plans to use proceeds of the sale for repayment of short-term debt and for general corporate purposes. The offering closed on June 7, 2018. The Locke Lord team was led by John Whitlock (Boston) with additional assistance from Megan Foscaldi (Boston).
Posted June 12, 2018