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Basin Electric Power Cooperative S-4 Bond Exchange Registration

Basin Electric Power Cooperative S-4 Bond Exchange Registration

$700MPre-proxyhigh confidence

Key takeaways

  • Acquirer acquires Target — $700M aggregate.

Merger Arbeconomics, downside, days

Deal value

$700M

Per-share offer

Premium

Days to close

Term fee

Consideration
AnnouncedApr 24, 2026
Days outstanding84d
Expected close
Termination fee
Reverse term fee
Go-shop period
Fiduciary out
Financing condition
Debt commitment
Insider lock-up

Timelineannounced → close
  1. Announced

    Apr 24, 2026

  2. Preliminary Proxy

  3. Definitive Proxy

  4. Record date

  5. Shareholder vote

  6. Expected close


Vote Mechanicsrecord / mailing / vote

No shareholder vote required for this transaction.


Regulatory & ConditionsHSR / EU / CFIUS / MAC

No regulatory or closing-conditions data extracted yet. The merger agreement Exhibit 10.1 contains this in the “Conditions to Closing” and “Regulatory Approvals” articles.


Closing Conditionsapprovals · vote · financing · lockups

No closing-condition data extracted.


Interloper Riskcompeting bids, activist filers

No competing-bidder, activist, or dissident-proxy signals in the database for this target.


Advisors

Acquirer side

Legal

Orrick, Herrington & Sutcliffe LLP

  • · Carl Lyon
  • · Kyle Drefke
Carl Lyon, Kyle Drefke, Orrick, Herrington & Sutcliffe LLP, 51 West 52nd Street, New York, New York 10019, (212) 506-5000

Target side

None on record


Counterparty Historyprior deals in DB
FirmRoleSideDeals in DB
Orrick, Herrington & Sutcliffe LLPLegalAcquirer1View deals →

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Sources

Basin Electric Power Cooperative filed a Form S-4 registration statement on April 15, 2026 for an exchange offer of $700,000,000 in First Mortgage Obligations bonds. The exchange offer allows holders of unregistered 5.850% First Mortgage Obligations due 2055 to exchange them for registered bonds with substantially identical terms. This is a debt securities exchange offering with no merger or acquisition transaction involved.

Item id: b4591508-5fe4-4ad5-b4c1-3ee4ec24cc3c · ingested Apr 24, 2026