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) with assistance from Megan Foscaldi (Boston).
Posted on October 9, 2018