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Stock impact report

NW Natural Holdings Announces Common Stock Offering

Northwest Natural Holding Company (NWN) 
Last northwest natural holding company earnings: 8/6 06:00 am Check Earnings Report
US:NYSE Investor Relations: nwnatural.com/aboutnwnatural
Company Research Source: GlobeNewswire
PORTLAND, Ore., June 04, 2019 (GLOBE NEWSWIRE) -- Northwest Natural Holding Company, (NYSE: NWN) (NW Natural Holdings), announced today the commencement of an underwritten public offering of 1,250,000 shares of its common stock. In conjunction with this offering, NW Natural Holdings intends to grant the underwriters a 30-day option to purchase up to an additional 187,500 shares of its common stock. The net proceeds from the offering will be used for general corporate purposes, including equity contributions to NW Natural Holdings’ subsidiaries, Northwest Natural Gas Company (NW Natural) and NW Natural Water Company (NW Natural Water). Contributions to NW Natural and NW Natural Water will be used for general corporate purposes. A portion of any contribution received by NW Natural may be used to repay short-term indebtedness. J.P. Morgan, RBC Capital Markets and Wells Fargo Securities are acting as book-running managers of the offering. BMO Capital Markets is acting as co-manage Show less Read more
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