EVERSOURCE ENERGY 8-K

What Happened

• Eversource Energy announced on February 26, 2026 that it issued $750 million of Junior Subordinated Notes, Series A, Due 2056 and $750 million of Junior Subordinated Notes, Series B, Due 2056 — a total of $1.5 billion in unsecured junior subordinated notes. The notes were issued under an underwriting agreement dated February 23, 2026, with Barclays, BofA, Citi, J.P. Morgan, Morgan Stanley and MUFG among the representatives of the underwriters. The Bank of New York Mellon Trust Company, N.A. serves as trustee under the Indenture and the notes were issued under related supplemental indentures dated February 1, 2026.

Key Details

• Total principal issued: $1,500,000,000 (Series A: $750M; Series B: $750M).
• Maturity: Due 2056.
• Nature of obligation: Unsecured junior subordinated notes issued under supplemental indentures to the Junior Subordinated Note Indenture (trustee: BNY Mellon).
• Documents filed: Underwriting Agreement, Indenture and supplemental indentures, forms of the notes, and legal opinions from Ropes & Gray LLP (validity and U.S. federal income tax matters).

Why It Matters

• The filing confirms Eversource has added $1.5 billion of long-term, junior subordinated debt to its outstanding obligations, which affects the company’s capital structure and long-term debt profile. Retail investors should review the prospectus supplement (dated Feb 23, 2026) and the related exhibits for the notes’ specific terms (interest rate/coupon, payment schedule, subordination details, call provisions and use of proceeds) and monitor future filings for any impact on leverage, interest expense or credit metrics.