UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant To Section 13 OR 15(d)
of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions.
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4 (c)) |
Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 8.01. | Other Events. |
Maximum Tender Offer
On August 26, 2020, NiSource Inc. (“NiSource”) issued two press releases announcing the results and pricing of its previously announced tender offer (the “Maximum Tender Offer”) to purchase for cash up to an aggregate maximum repurchase amount of $150,000,000 principal amount (the “Aggregate Maximum Repurchase Amount”) of the debt securities identified in the table below (collectively, the “Maximum Tender Offer Notes”). Copies of the two press releases are attached as Exhibits 99.1 and 99.2 to this Current Report on Form 8-K and are incorporated herein by reference.
The table below lists the aggregate principal amount of the Maximum Tender Offer Notes that were accepted for purchase and the aggregate principal amount that remains outstanding for each series of Maximum Tender Offer Notes for which notes were accepted for purchase.
| Title of Notes | Principal Amount Accepted for Purchase |
Principal Amount Outstanding After Maximum Tender Offer |
||||||
| 6.25% Notes due 2040 |
$ | 97,398,000 | $ | 152,602,000 | ||||
| 5.95% Notes due 2041 |
$ | 52,603,000 | $ | 347,397,000 | ||||
The Maximum Tender Offer is scheduled to expire at 11:59 p.m., New York City time, on September 9, 2020, unless extended or earlier terminated. Maximum Tender Offer Notes in an amount equal to the Aggregate Maximum Repurchase Amount that were validly tendered and not validly withdrawn at or prior to 5:00 p.m., New York City time, on August 25, 2020 (the “Early Tender Date”), were accepted for purchase. Because the Maximum Tender Offer has been fully subscribed as of the Early Tender Date, holders who tender Maximum Tender Offer Notes after the Early Tender Date will not have any of their Maximum Tender Offer Notes accepted for purchase.
The aggregate purchase price for the Maximum Tender Offer Notes accepted for purchase in the Maximum Tender Offer as of the date hereof, including accrued interest and an early tender payment of $30 per $1,000 principal amount of Maximum Tender Offer Notes accepted for purchase, was $225,951,535.66.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
| Exhibit Number |
Description | |
| 99.1 | Press Release announcing the Early Tender Results of NiSource Inc.’s Tender Offer for its Maximum Tender Offer Notes, dated August 26, 2020 | |
| 99.2 | Press Release announcing Pricing of NiSource Inc.’s Maximum Tender Offer, dated August 26, 2020 | |
| 104 | Cover page Interactive Data File (embedded within the Inline XBRL document) | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| NiSource Inc. (Registrant) | ||||
| Date: August 26, 2020 | By: | /s/ Donald E. Brown | ||
| Donald E. Brown | ||||
| Executive Vice President and Chief Financial Officer | ||||