Black Belt Energy to Offer $800M in Gas Project Revenue Bonds

Dow Jones

2025/12/17

By Stephen Nakrosis

The Black Belt Energy Gas District plans to offer $800 million in 2025 Series F gas project revenue bonds to raise funds for the prepay of natural gas deliveries over a 30-year period.

The bonds will be secured by a trust account, which will include funds from the sale of the bonds, revenues, and other right, titles, and payments, according to documents on MuniOS. The bonds aren't an obligation of the state of Alabama, nor of the member municipalities of Black Belt Energy.

The preliminary amortization schedule shows the bonds will begin maturing on Dec. 1, 2027, with maturities continuing on each subsequent Dec. 1 through 2035.

The Black Belt Energy Gas District was formed by three cities in Alabama as a municipally owned corporation in 2008. It provides natural gas and services to its member municipalities, and also sells gas directly to public gas customers, gas-distribution systems and others.

The gas will be supplied by Pierpont Energy Prepay 4, and Black Belt will sell the gas to the Louisiana Community Development Utility Commission. The Commission will then sell the gas to Linde Inc., which will use it to operate three industrial gas production facilities in Louisiana.

Pacific Life Insurance will be the funding agreement provider, and BP Energy will be the commodity swap counterparty.

S&P Global ratings is expected to assign a municipal-bond rating of AA- to the bonds.

J.P. Morgan and Stifel are listed as the offering's lead managers.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

December 16, 2025 15:42 ET (20:42 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求，你需要登入查看該內容

登入 / 註冊

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2592193272"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2592193272\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2592193272?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-17 04:42","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2592193272","market":"sg","top_or_hot":-1,"title":"Black Belt Energy to Offer $800M in Gas Project Revenue Bonds","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Stephen Nakrosis \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  The Black Belt Energy Gas District plans to offer $800 million in 2025 Series F gas project revenue bonds to raise funds for the prepay of natural gas deliveries over a 30-year period. \n</p>\n<p>\n  The bonds will be secured by a trust account, which will include funds from the sale of the bonds, revenues, and other right, titles, and payments, according to documents on MuniOS. The bonds aren't an obligation of the state of Alabama, nor of the member municipalities of Black Belt Energy. \n</p>\n<p>\n  The preliminary amortization schedule shows the bonds will begin maturing on Dec. 1, 2027, with maturities continuing on each subsequent Dec. 1 through 2035. \n</p>\n<p>\n  The Black Belt Energy Gas District was formed by three cities in Alabama as a municipally owned corporation in 2008. It provides natural gas and services to its member municipalities, and also sells gas directly to public gas customers, gas-distribution systems and others. \n</p>\n<p>\n  The gas will be supplied by Pierpont Energy Prepay 4, and Black Belt will sell the gas to the Louisiana Community Development Utility Commission. The Commission will then sell the gas to Linde Inc., which will use it to operate three industrial gas production facilities in Louisiana. \n</p>\n<p>\n  Pacific Life Insurance will be the funding agreement provider, and BP Energy will be the commodity swap counterparty. \n</p>\n<p>\n  S&amp;P Global ratings is expected to assign a municipal-bond rating of AA- to the bonds. \n</p>\n<p>\n  J.P. Morgan and <a href=\"https://laohu8.com/S/SFB\">Stifel</a> are listed as the offering's lead managers. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Stephen Nakrosis at stephen.nakrosis@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 16, 2025 15:42 ET (20:42 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Black Belt Energy to Offer $800M in Gas Project Revenue Bonds</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlack Belt Energy to Offer $800M in Gas Project Revenue Bonds\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2025-12-17 04:42</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Stephen Nakrosis \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  The Black Belt Energy Gas District plans to offer $800 million in 2025 Series F gas project revenue bonds to raise funds for the prepay of natural gas deliveries over a 30-year period. \n</p>\n<p>\n  The bonds will be secured by a trust account, which will include funds from the sale of the bonds, revenues, and other right, titles, and payments, according to documents on MuniOS. The bonds aren't an obligation of the state of Alabama, nor of the member municipalities of Black Belt Energy. \n</p>\n<p>\n  The preliminary amortization schedule shows the bonds will begin maturing on Dec. 1, 2027, with maturities continuing on each subsequent Dec. 1 through 2035. \n</p>\n<p>\n  The Black Belt Energy Gas District was formed by three cities in Alabama as a municipally owned corporation in 2008. It provides natural gas and services to its member municipalities, and also sells gas directly to public gas customers, gas-distribution systems and others. \n</p>\n<p>\n  The gas will be supplied by Pierpont Energy Prepay 4, and Black Belt will sell the gas to the Louisiana Community Development Utility Commission. The Commission will then sell the gas to Linde Inc., which will use it to operate three industrial gas production facilities in Louisiana. \n</p>\n<p>\n  Pacific Life Insurance will be the funding agreement provider, and BP Energy will be the commodity swap counterparty. \n</p>\n<p>\n  S&amp;P Global ratings is expected to assign a municipal-bond rating of AA- to the bonds. \n</p>\n<p>\n  J.P. Morgan and <a href=\"https://laohu8.com/S/SFB\">Stifel</a> are listed as the offering's lead managers. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Stephen Nakrosis at stephen.nakrosis@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 16, 2025 15:42 ET (20:42 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999004303.SGD","symbol_name":"Nikko AM Shenton Global Opportunities SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2592193272","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2592193272","pubTimestamp":1765917720,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"The Black Belt Energy Gas District plans to offer $800 million in 2025 Series F gas project revenue bonds to raise funds for the prepay of natural gas deliveries over a 30-year period.The bonds will be secured by a trust account, which will include funds from the sale of the bonds, revenues, and other right, titles, and payments, according to documents on MuniOS. The bonds aren't an obligation of the state of Alabama, nor of the member municipalities of Black Belt Energy.The preliminary amortization schedule shows the bonds will begin maturing on Dec. 1, 2027, with maturities continuing on each subsequent Dec. 1 through 2035.The Black Belt Energy Gas District was formed by three cities in Alabama as a municipally owned corporation in 2008. It provides natural gas and services to its member municipalities, and also sells gas directly to public gas customers, gas-distribution systems and others.The gas will be supplied by Pierpont Energy Prepay 4, and Black Belt will sell the gas to the ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","IE000M9KFDE8.USD":"NEUBERGER BERMAN US LARGE CAP VALUE \"A\" (USD) ACC","LU0171276677.USD":"BGF EUROPEAN SPECIAL SITUATIONS \"A2\" (USD) ACC","LU1064927863.SGD":"JPMorgan Funds - Europe Dynamic A (acc) SGD-H","LU0171277485.USD":"BGF EURO MARKETS \"A2\" (USD) ACC","LU0300736492.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) INC","LU0969580561.USD":"贝莱德欧洲特别时机基金A2","LU1543694498.USD":"法巴水资源基金RH MD Dis","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LIN":"林德气体","LU0769137737.USD":"BGF CONTINENTAL EUROPEAN FLEXIBLE \"A2\" (USD) ACC","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","BK4581":"高盛持仓","LU1620156130.USD":"BNP PARIBAS AQUA \"C\" (USD) ACC","LU2355687059.USD":"NORDEA 1 GLOBAL IMPACT  \"BP\" (USD) ACC","BK4532":"文艺复兴科技持仓","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","LU2506952337.HKD":"BNP PARIBAS CLIMATE IMPACT \"CRH\" (HKDHDG) ACC","LU1791806182.HKD":"BGF EURO-MARKETS \"A2\" (HKDHDG) ACC","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","LU1355424745.HKD":"BGF EUROPEAN SPECIAL SITUATIONS \"A2\" (HKDHDG) ACC","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU2087625088.SGD":"ALLSPRING  US ALL CAP GROWTH \"A\" (SGDHDG) ACC","LU0061474960.USD":"天利环球焦点基金AU Acc","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","LU2506952410.USD":"BNP PARIBAS CLIMATE IMPACT \"CRH\" (USDHDG) ACC A","LU2413666699.HKD":"BNP PARIBAS GLOBAL ENVIRONMENT \"CRH\" (HKDHDG) INC","LU0526926950.USD":"贝莱德欧洲基金","LU0096362180.USD":"CT (LUX) I GLOBAL FOCUS \"DU\" (USD)","LU0827878280.USD":"贝莱德欧洲市场基金D2","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","BK4566":"资本集团","LU0124384867.USD":"贝莱德新能源基金A2","LU0171280430.USD":"BGF EUROPEAN \"A2\" (USD) ACC","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU1721428933.USD":"法巴全球经典环境基金RH MD Dis","LU2413666426.HKD":"BNP PARIBAS GLOBAL ENVIRONMENT \"C\" (HKD) ACC","LU1620156213.USD":"BNP PARIBAS AQUA \"C\" (USD) INC","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU1165135440.EUR":"BNP Paribas Aqua Classic Cap EUR","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","LU0724618433.USD":"BGF NEW ENERGY \"A4\" (USD) INC","BK4504":"桥水持仓","LU1104425308.USD":"BNP PARIBAS EUROPE GROWTH \"C\" (USD) ACC","LU1721427968.SGD":"BNP PARIBAS AQUA \"CRH\" (SGDHDG) INC","LU1196525536.USD":"BGF CONTINENTAL EUROPEAN FLEXIBLE \"A2\" (USDHDG) ACC","LU1596574779.USD":"BNP PARIBAS AQUA \"C\" (USDHDG) ACC","LU0788108743.HKD":"BGF EUROPEAN \"A2\" (HKDHGD) ACC"},"translate_title":"Black Belt Energy将发行8亿美元天然气项目收入债券","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LIN":0.9},"content_text":"By Stephen Nakrosis \n\n\n \n\n\n  The Black Belt Energy Gas District plans to offer $800 million in 2025 Series F gas project revenue bonds to raise funds for the prepay of natural gas deliveries over a 30-year period. \n\n\n  The bonds will be secured by a trust account, which will include funds from the sale of the bonds, revenues, and other right, titles, and payments, according to documents on MuniOS. The bonds aren't an obligation of the state of Alabama, nor of the member municipalities of Black Belt Energy. \n\n\n  The preliminary amortization schedule shows the bonds will begin maturing on Dec. 1, 2027, with maturities continuing on each subsequent Dec. 1 through 2035. \n\n\n  The Black Belt Energy Gas District was formed by three cities in Alabama as a municipally owned corporation in 2008. It provides natural gas and services to its member municipalities, and also sells gas directly to public gas customers, gas-distribution systems and others. \n\n\n  The gas will be supplied by Pierpont Energy Prepay 4, and Black Belt will sell the gas to the Louisiana Community Development Utility Commission. The Commission will then sell the gas to Linde Inc., which will use it to operate three industrial gas production facilities in Louisiana. \n\n\n  Pacific Life Insurance will be the funding agreement provider, and BP Energy will be the commodity swap counterparty. \n\n\n  S&P Global ratings is expected to assign a municipal-bond rating of AA- to the bonds. \n\n\n  J.P. Morgan and Stifel are listed as the offering's lead managers. \n\n\n \n\n\n  Write to Stephen Nakrosis at stephen.nakrosis@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 16, 2025 15:42 ET (20:42 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}