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Black Hills Completes $450M Debt Offering

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Black Hills Completes $450M Debt Offering

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The latest update is out from Black Hills ( (BKH) ).

On October 2, 2025, Black Hills Corporation completed a debt offering by issuing $450 million in 4.550% Notes due 2031. The proceeds from this issuance are intended to retire $300 million of existing notes due in January 2026, with any remaining funds allocated for general corporate purposes such as capital expenditures and debt refinancing. This strategic financial move is designed to optimize the company’s debt structure and potentially enhance its operational flexibility.

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: 634,817

Technical Sentiment Signal: Strong Buy

Current Market Cap: $4.39B

See more data about BKH stock on TipRanks’ Stock Analysis page.

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