Perkins Coie Advises PacifiCorp on $3.8B First Mortgage Bonds Issue

SEATTLE (January 8, 2024)—Perkins Coie is pleased to have advised PacifiCorp, an indirect and wholly owned subsidiary of Berkshire Hathaway Energy Company, on the issue of a series of first mortgage bonds totaling $3.8 billion.

PacifiCorp, a large electric power company, has issued $500 million aggregate principal amount of its 5.100% first mortgage bonds due 2029, $700 million aggregate principal amount of its 5.300% first mortgage bonds due 2031, $1.1 billion aggregate principal amount of its 5.450% first mortgage bonds due 2034, and $1.5 billion aggregate principal amount of its 5.800% first mortgage bonds due 2055.

Partner Chris Hall, counsel Christopher Wassman, and associates Angie Burcham and Annamarie Carty advised PacifiCorp on the issue.