WEC Energy (WEC) announced that it intends to offer, subject to market and other conditions, $700M in aggregate principal amount of its convertible senior notes due 2028 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WEC:
- WEC Energy Group Highlights Strategic Initiatives at Investor Meetings
- WEC Energy Group Approves Key Proposals at Annual Meeting
- WEC Energy Group Appoints New Executive Vice President
- Sector Spotlight: Utility stocks in focus after first quarter earnings
- WEC Energy price target raised to $115 from $110 at Scotiabank