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NiSource Issues Bonds For Liquidity December 11, 2009

--Sara Rosner NiSource has issued $500 million of 6.125% notes as it looks to ensure liquidity ahead of upcoming maturities and to take advantage of conducive market conditions, according to a spokesman. The company priced the 12.5-year notes Dec. 1, and closed the deal Dec. 2. Calls to David Vajda, v.p. and treasurer in Merrillville, Ind., were not returned by press time. The company will likely tap its $1.5 billion revolver and cash on hand to ...

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