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Latham & Watkins Advises on PacifiCorp’s US$3.8 Billion First Mortgage Bonds
January 5, 2024
Firm represented the underwriters in the offering by the US regulated electric utility company headquartered in Oregon.
PacifiCorp, an indirect wholly owned subsidiary of Berkshire Hathaway Energy Company and a US regulated electric utility company headquartered in Oregon issued US$500 million aggregate principal amount of its 5.100% first mortgage bonds due 2029, US$700 million aggregate principal amount of its 5.300% first mortgage bonds due 2031, US$1.1 billion aggregate principal amount of its 5.450% first mortgage bonds due 2034, and US$1.5 billion aggregate principal amount of its 5.800% first mortgage bonds due 2055.
Latham & Watkins LLP represented the underwriters in the offering with a corporate team led by partner Erika Weinberg and of counsel Jonathan Rod, with associates Sara Johnson and Richard Dacher.