Free Writing Prospectus - Form FWP

Issuer Free Writing Prospectus

(Relating to Preliminary Prospectus Supplement

Dated October 7, 2024

Filed Pursuant to Rule 433(d)

Registration No. 333-276072

EASTERN ENERGY GAS HOLDINGS, LLC

FINAL PRICING TERM SHEET

October 7, 2024

Issuer:		Eastern Energy Gas Holdings, LLC
Legal Format:		SEC-Registered
Issue:		2024 Series A 5.650% Senior Notes due 2054 (the "Senior Notes")
Offering Size:		$900,000,000 in aggregate principal amount
Net Proceeds (before expenses) to Issuer:		$892,143,000
Coupon and Coupon Payment Dates:		5.650% per annum, payable semi-annually on each April 15 and October 15, commencing April 15, 2025
Trade Date:		October 7, 2024
Settlement Date:		October 9, 2024 (T+2)
Maturity Date:		October 15, 2054
Benchmark Treasury:		UST 4.625% due May 15, 2054
Benchmark Treasury Yield:		4.305%
Spread to Benchmark Treasury:		+135 basis points
Re-offer Yield:		5.655%
Price to Public:		99.927% of the principal amount
Expected Ratings1:		Baa1 by Moody's Investors Service, Inc. A- by S&P Global Ratings

1

These expected securities ratings have been provided by Moody's Investors Service, Inc. and S&P Global Ratings. None of these ratings are a recommendation to buy, sell or hold these securities. Each rating may be subject to revision or withdrawal at any time, and should be evaluated independently of any other rating. No report of any rating agency is incorporated by reference herein.

Optional Redemption:		Prior to April 15, 2054 (six months prior to their maturity date) (the "Par Call Date"), we may redeem the Senior Notes at our option, in whole or in part, at any time and from time to time, at a redemption price (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of: (i) (a) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to, but not including, the redemption date (assuming the Senior Notes matured on the Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate (as defined in our preliminary prospectus supplement, dated October 7, 2024) plus 25 basis points less (b) interest accrued to the redemption date; and (ii) 100% of the principal amount of the Senior Notes to be redeemed, plus, in either case, accrued and unpaid interest thereon to, but not including, the redemption date.

	On or after the Par Call Date, we may redeem the Senior Notes, in whole or in part, at any time and from time to time, at a redemption price equal to 100% of the principal amount of the Senior Notes being redeemed plus accrued and unpaid interest thereon to, but not including, the redemption date.
CUSIP / ISIN:		27636A AA0 / US27636AAA07
Joint Book-Running Managers:		BofA Securities, Inc. MUFG Securities Americas Inc. SMBC Nikko Securities America, Inc. Truist Securities, Inc. U.S. Bancorp Investments, Inc. BMO Capital Markets Corp. CIBC World Markets Corp. RBC Capital Markets, LLC
Co-Managers:		BNY Mellon Capital Markets, LLC Huntington Securities, Inc. KeyBanc Capital Markets Inc. Loop Capital Markets LLC Regions Securities LLC TD Securities (USA) LLC

We expect that delivery of the Senior Notes will be made to investors on or about October 9, 2024, which will be the second business day following the date of the prospectus supplement (such settlement being referred to as "T+2"). Under Rule 15c6-1 of the Exchange Act, trades in the secondary market are required to settle in one business day, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the Senior Notes before the date that is the business day prior to the settlement date will be required, by virtue of the fact that the Senior Notes initially settle in T+2, to specify an alternative settlement arrangement at the time of any such trade to prevent a failed settlement. Purchasers who wish to trade notes before the date that is the business day prior to the settlement date should consult their advisors.

The issuer has filed a registration statement (including a preliminary prospectus supplement and prospectus) with the Securities and Exchange Commission (the "SEC") for the offering to which this communication relates. Before you invest, you should read the preliminary prospectus supplement and prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling BofA Securities, Inc. toll free at 1-800-294-1322, MUFG Securities Americas Inc. toll free at 1-877-649-6848, SMBC Nikko Securities America, Inc. toll free at 1-888-868-6856, Truist Securities, Inc. toll free at 1-800-685-4786, or U.S. Bancorp Investments, Inc. toll free at 1-877-558-2607.