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.
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- Date
- September 2013
- Company
- UIL Holdings Corporation
- Transaction
- M&A
- Sectors
- Energy
- Target Geography
- North America
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