Notes will be issued in separate series. Net proceeds will pay about $1.02 billion in intercompany debt between Columbia and parent company NiSource Inc., and dividend concerning Columbia’s planned separation.
Aaron Milford became CFO of Magellan Midstream Partners LP, where he has spent 20-year career. Michael Osborne, the former CFO, resigned. Milford had been Magellan’s vice president-crude oil business development.