NiSource Inc. closed a $750 million offering of 6.250% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2057 on August 18, 2026. The debt bears interest semi-annually at 6.250% until April 15, 2032, after which the rate resets to the five-year U.S. Treasury rate plus a spread of 1.930%, with a floor of 6.250%. Proceeds are intended for general corporate purposes, including financing capital expenditures and repaying existing indebtedness. NiSource Inc. operates in the utility industry, providing natural gas distribution services.

NiSource Inc. reported financial results for the quarter and six months ended June 30, 2026. GAAP net income available to common shareholders was $45.5 million ($0.09 diluted EPS) for Q2 2026, down from $102.2 million ($0.22 diluted EPS) in the prior year period. For the first half of 2026, GAAP net income was $556.2 million ($1.15 diluted EPS), compared to $577.0 million ($1.22 diluted EPS) in 2025. Non-GAAP consolidated adjusted EPS was $0.16 for Q2 and $1.22 for the six-month period, up from $0.22 and $1.19 respectively in 2025. The company reaffirmed its 2026 non-GAAP consolidated adjusted EPS guidance of $2.02-$2.07 and a 9%-10% compound annual growth rate target for 2026-2033. NiSource operates as a regulated utility providing natural gas and electric services to approximately 3.3 million natural gas customers and 500,000 electric customers across six states.