Text Size:
A | A

Atmos Energy Corp. Prices Public Offering

Text Size: A | A
 
February 13, 2014

Atmos Energy Corp. (NYSE: ATO) priced a public offering of eight million shares, at 44 cents each, to yield $352 million in proceeds, the company said Feb. 11.

Additionally, an underwriters’ option, to purchase up to 1,200,000 additional shares, was granted to cover overallotments for a month, the company said.

Proceeds will be about $339.3 million, excluding overallotments, the company said, noting that they will repay short term debt under the $950 million commercial paper program. They will also cover infrastructure and general corporate purposes, the company added.

J.P. Morgan, ...


Already a subscriber? Log In
Password:
 
Does your company have a site license? Inquire here
Already a print subscriber? Upgrade your magazine subscription