Laclede Group Inc Completes Public Offering Of Common Stock-Form 8-K

Thursday, 27 Jun 2013 04:33pm EDT 

Laclede Group Inc reported in its Form 8-K that on May 29, 2013, Laclede Group Inc completed a public offering and sale of its common stock generating net proceeds of $427,970,128.13 (Offering Proceeds), which are to be used to fund a portion of the purchase price for the Acquisitions or other general corporate purposes. As a result of Laclede Group's receipt of the Offering Proceeds and in accordance with the terms of the Commitment Letter, the aggregate amount of the commitments of the Bridge Lenders was reduced from $1.020 billion to approximately $592 million. 

Company Quote

0.35 +0.69%
27 Mar 2015