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Simpson Thacher & Bartlett: Michigan Electric Transmission Company Completes $85 Million Senior Secured Notes Offering
January 18, 2024
WASHINGTON, Jan. 18 -- Simpson Thacher and Bartlett, a law firm, issued the following news:

Simpson Thacher recently represented Michigan Electric Transmission Company, LLC ("METC"), a wholly owned subsidiary of ITC Holdings Corp. ("ITC"), in connection with METC's offering of $85 million aggregate principal amount of its 5.98% Series B Senior Secured Notes due 2034 in a private placement. The offering closed on January 16, 2024.

ITC is the largest i . . .

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