Dominion share sale

Written by  John McKay
Wednesday, 28 March 2018
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March 28 (LNGJ) - Dominion Energy, developer of the Cove Point LNG export plant in Maryland, has put the price of its public offering of 20 million shares of its common stock at $67.85 per share. The offering will be conducted under forward sale agreements. Goldman Sachs, Credit Suisse Securities, Barclays Capital, Citigroup and J.P. Morgan are acting as joint book-running managers of the offering. “The underwriters may offer shares of Dominion Energy's common stock in transactions on the New York Stock Exchange, in the over-the-counter market or through negotiated transactions at either market prices or at negotiated prices,” said Dominion. The offering is expected to raise at least $1.35 billion and would be used for debt financing.

Last modified on Wednesday, 28 March 2018 05:54
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