Hunton Andrews Kurth Advises Purchasers in Nicor Gas Private Placement of $275 Million of First Mortgage Bonds

Hunton Andrews Kurth LLP advised the purchasers in connection with Northern Illinois Gas Company's (Nicor or the Company) issuance of $50 million aggregate principal amount of its First Mortgage Bonds due 2030 (the "2030 Bonds"), $75 million aggregate principal amount of its First Mortgage Bonds due 2035 (the "2035 Bonds"), $75 million aggregate principal amount of its First Mortgage Bonds due 2053 (the "2053 Bonds") and $75 million aggregate principal amount of its First Mortgage Bonds due 2063 (the "2063 Bonds"), each in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended. The 2030 Bonds and 2035 Bonds were issued on July 31, 2023 and the 2053 Bonds and 2063 Bonds were issued on October 31, 2023.

Nicor is a natural gas distribution company that serves 2.27 million customers in a service territory that encompasses most of the northern third of Illinois, excluding the city of Chicago, and is a wholly-owned subsidiary of Southern Company Gas, which is a wholly-owned, direct subsidiary of The Southern Company. The Company is the largest natural gas distributor in northern Illinois with approximately 34,700 miles of gas distribution, transmission and storage system mains that is connected to eight interstate pipelines.

The Hunton Andrews Kurth team included Steven C. Friend, Patrick C. Jamieson, Michelle G. Chan and Monika M. Dziewa.