Financing ·
California Water Service Group signs Note Purchase Agreement for $75M Series C Notes and $50M Series D Notes
CWTCalifornia Water Service Group
California Water Service Group entered into a Note Purchase Agreement to issue $75 million of 6.08% Senior Unsecured Notes due December 2031 and $50 million of 6.41% Senior Unsecured Notes due December 2036. Its subsidiary, California Water Service Company, also executed a Bond Purchase Agreement for $50 million of 6.49% First Mortgage Bonds due 2046 and $100 million of 6.54% First Mortgage Bonds due 2056. Proceeds will refinance existing debt and fund general corporate purposes.