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ITC Holdings Corp. Announces Pricing of $500 Million Senior Notes Due 2033 and Follow-on Senior Notes Due 2027
NOVI, Mich., May 17, 2023– ITC Holdings Corp. (“ITC”), a subsidiary of Fortis Inc., today announced that it has priced a previously announced private offering of $500 million aggregate principal amount of its 5.40% senior unsecured notes due 2033 (the “2033 notes”) and $300 million aggregate principal amount of its existing 4.95% senior unsecured notes…
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ITC Holdings Corp. Announces Offering of Senior Notes Due 2033 and Follow- on Senior Notes Due 2027
NOVI, Mich., May 17, 2023 – ITC Holdings Corp. (“ITC”), a subsidiary of Fortis Inc., today announced that it has commenced a private offering of senior unsecured notes due 2033 (the “2033 notes”) and 4.95% senior unsecured notes due 2027 (the “new 2027 notes”, and together with the 2033 notes, the “notes”). ITC’s 4.95% senior…
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ITC Establishes Jon E. Jipping Annual Scholarship at Michigan Technological University
(HOUGHTON, MI – May 16, 2023) – ITC Holdings Corp., the nation’s largest independent electricity transmission company, has established an annual scholarship fund for civil and electrical engineering students at Michigan Technological University to honor its retired chief operating officer and Michigan Tech Board of Trustees member Jon E. Jipping. “Over the years, I’ve witnessed…