Davis Polk advised the representatives of the several underwriters in an SEC-registered offering of $400 million in aggregate principal amount of Black Hills Corporation’s 4.350% senior notes due 2033, $299 million of which was offered by certain selling security holders and $101 million of which was offered by Black Hills.

Davis Polk also advised the remarketing agents on a concurrent remarketing of $299 million in aggregate principal amount of Black Hills’ Series A 3.50% remarketable junior subordinated notes due 2028, which were originally issued as part of an offering of corporate units in 2015.

Black Hills is a customer focused, growth-oriented utility company with a tradition of improving life with energy and a vision to be the energy partner of choice. Based in Rapid City, South Dakota, the company serves 1.25 million natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming.

The Davis Polk corporate team included partners Deanna L. Kirkpatrick and Derek Dostal and associates John H. Runne, Hillary A. Coleman and Kaitlin Decker. Partner Lucy W. Farr and associates Tracy L. Matlock, James Manzione and Gil Savir provided tax advice. All members of the Davis Polk team are based in the New York office.

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