Northern Illinois Gas Co., founded in the early 20th century, is headquartered in Naperville, Illinois, and serves as a key provider of natural gas distribution in Northern Illinois. The company is dedicated to delivering efficient and reliable energy solutions to residential, commercial, and industrial customers across its service area.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SO 5.90% 2032-12-01 USDNorthern Illinois Gas Co. | United States | 2032-12-01 | 5.900 | 5.37 |
| SO 5.90% 2033-12-01 USDNorthern Illinois Gas Co. | United States | 2033-12-01 | 5.900 | 5.11 |
| SO 6.58% 2028-02-15 USDNorthern Illinois Gas Co. | United States | 2028-02-15 | 6.580 | 4.22 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Northern Illinois Gas Co. has a robust history of bond issuances, having first entered the bond market in the 1980s. Notably, in 2021, the company issued $300 million in 10-year bonds to refinance existing debt at competitive rates, reflecting current yields that are consistently in line with industry averages. The bonds feature attractive call options and align with the company’s strategic objectives of enhancing liquidity and financial flexibility. Recent news indicates a strong demand for their bonds, showcasing investor confidence in the company's financial stability and growth potential.