Dominion Resources announces public offering of common stock
22/05/2015 15:41
Dominion Resources, Inc., one of the largest producers and transporters of energy, announced the sale of an aggregate of 2,800,000 shares of its common stock through a registered underwritten public offering to UBS Securities LLC, as the sole underwriter for this offering. The net proceeds from the offering will be used for general corporate purposes, to finance capital expenditures and to repay short term debt including commercial paper. The offering is expected to close on May 27, 2015, subject to customary closing conditions. UBS Securities LLC proposes to offer for sale the shares of common stock from time to time in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices, subject to receipt and acceptance by it and subject to its right to reject any order in whole or in part.
22/05/2015 15:41
Dominion Resources, Inc., one of the largest producers and transporters of energy, announced the sale of an aggregate of 2,800,000 shares of its common stock through a registered underwritten public offering to UBS Securities LLC, as the sole underwriter for this offering. The net proceeds from the offering will be used for general corporate purposes, to finance capital expenditures and to repay short term debt including commercial paper. The offering is expected to close on May 27, 2015, subject to customary closing conditions. UBS Securities LLC proposes to offer for sale the shares of common stock from time to time in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices, subject to receipt and acceptance by it and subject to its right to reject any order in whole or in part.
