Deal Details
Follow-On Offering
Summary
Baird served as a co-manager on this offering
About
UIL Holdings Corporation (NYSE: UIL) (“UIL Holdings” or the “Company”) recently completed a follow-on offering of 5,750,000 shares of common stock at a price of $37.25 per share, generating gross proceeds of approximately $214.2 million. The Company intends to use the net proceeds from the offering to repay indebtedness and for other general corporate purposes.UIL Holdings is a diversified energy delivery company serving approximately 706,000 electric and natural gas customers in 66 communities across Connecticut and Massachusetts. UIL Holdings is headquartered in New Haven, Connecticut.
For additional information about this transaction, please contact:
- Date
- September 2013
- Company
- UIL Holdings Corporation
- Transaction
- M&A
- Sectors
- Energy
- Target Geography
- North America
Share