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