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Black Hills Announces $450M Notes Issuance Agreement

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Black Hills Announces $450M Notes Issuance Agreement

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Black Hills ( (BKH) ) has shared an announcement.

On September 25, 2025, Black Hills Corporation entered into an Underwriting Agreement to issue and sell $450 million of 4.550% Notes due 2031, with the underwriters agreeing to purchase the Notes for approximately $447.0 million. The issuance and settlement of the Notes are scheduled for October 2, 2025, and the agreement includes customary terms and indemnification clauses, highlighting ongoing investment banking relationships between the company and the underwriters.

The most recent analyst rating on (BKH) stock is a Buy with a $68.00 price target. To see the full list of analyst forecasts on Black Hills stock, see the BKH Stock Forecast page.

Spark’s Take on BKH Stock

According to Spark, TipRanks’ AI Analyst, BKH is a Outperform.

Black Hills Corporation scores well due to strong technical momentum and positive corporate events, particularly the merger with NorthWestern Energy. While financial performance is solid, addressing revenue consistency and cash flow volatility could further enhance the company’s prospects.

To see Spark’s full report on BKH stock, click here.

More about Black Hills

Average Trading Volume: 639,284

Technical Sentiment Signal: Strong Buy

Current Market Cap: $4.42B

Find detailed analytics on BKH stock on TipRanks’ Stock Analysis page.

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