Xcel Energy (XEL) Prices 10.3M Share Upzied Common Offering at $63.32/Sh
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Xcel Energy Announces Pricing of Upsized Common Stock Offering With a Forward Component
October 30, 2019 9:48 PM EDTMINNEAPOLIS--(BUSINESS WIRE)-- Xcel Energy Inc. (NASDAQ: XEL) (Xcel Energy) announced today the pricing of a registered underwritten offering of 10,300,000 shares of its common stock at a price per share of $63.32 in connection with the forward sale agreement described below. Subject to certain conditions, all shares are expected to be borrowed by the forward purchaser (as defined below) (or its affiliate) from third parties and sold to the underwriter and offered in connection with such forward sale agreement. Citigroup is acting as the sole book-running manager for this offering. The underwriter... More
