Follow-On Offering

Energy
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:

John Lanza (414) 298-7669
Dick Waid (404) 264-2210
Peter Kies (414) 765-7262
Brian Cole (414) 298-1702
Energy
Follow-On Offering
Date
September 2013
Company
UIL Holdings Corporation
Transaction
M&A
Sectors
Energy
Target Location
North America

Share