News

    Perkins Coie Advises PacifiCorp’s $2.5B First Mortgage Bond Offering

    Alt

    SEATTLE (March 27, 2026)—Perkins Coie is pleased to have advised PacifiCorp on its offering of $2.5 billion aggregate principal amount of first mortgage bonds. PacifiCorp is an indirect and wholly owned subsidiary of Berkshire Hathaway Energy Company, and a U.S. regulated electric utility company headquartered in Oregon. 

    The offering comprised $300 million aggregate principal amount of its 4.650% first mortgage bonds due 2029, $550 million aggregate principal amount of its 5.100% first mortgage bonds due 2031, $800 million aggregate principal amount of its 5.450% first mortgage bonds due 2033, and $850 million aggregate principal amount of its 5.800% first mortgage bonds due 2036.  

    Partners Chris Hall and Christopher Wassman, as well as Associates Benjamin Dale and Annamarie Carty, advised PacifiCorp on the offering. 

    Editorial Disclaimer

    Originally published before the Ashurst Perkins Coie combination. See disclaimer.