United Tech (UTX) Announces $1B Equity Units Offering
Tweet Send to a FriendGet Alerts UTX Hot Sheet
Price: $96.25 --0%
Overall Analyst Rating:
BUY (
Up)
Dividend Yield: 2.2%
Revenue Growth %: +116,029.0%
Overall Analyst Rating:
BUY (
Up)Dividend Yield: 2.2%
Revenue Growth %: +116,029.0%
Trade UTX Now!
United Technologies Corp. (NYSE: UTX) announced an offering of $1.00 billion of equity units. Net proceeds of the offering are expected to be used primarily to pay a portion of the cash consideration for the previously announced acquisition of Goodrich Corporation.
The offering is being made under an effective shelf registration statement on file with the Securities and Exchange Commission. In connection with the offering, UTC will also grant the underwriters of the offering an option to purchase an additional $100 million of equity units.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
The offering is being made under an effective shelf registration statement on file with the Securities and Exchange Commission. In connection with the offering, UTC will also grant the underwriters of the offering an option to purchase an additional $100 million of equity units.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- United Technologies Announces Early Tender Results of Debt Tender Offers
- Baltic Trading (BALT) Announces Stock Offering
- Apricus Biosciences (APRI) Sinks on Stock Offering
Create E-mail Alert Related Categories
Equity Offerings
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
