Connecticut Water Service (CTWS) Closes 1.48M Offering

December 18, 2012 10:59 AM EST
Connecticut Water Service, Inc. (Nasdaq: CTWS) has closed its underwritten public offering of 1,696,250 shares of its common stock at a price to the public of $29.25 per share. The total offering size reflects the underwriters' exercise in full of their option to purchase 221,250 shares of common stock from the Company to cover over-allotments.

Wells Fargo Securities served as sole book-runner for the offering. Baird, Janney Montgomery Scott, Boenning & Scattergood, Inc., Brean Capital and Ladenberg Thalmann & Co. Inc. served as co-managers for the offering.

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