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Stock impact report

Black Hills Corp. Prices $100 Million Equity Issuance

Black Hills Corporation (BKH) 
Last black hills corporation earnings: 2/6 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.blackhillscorp.com
Company Research Source: GlobeNewswire
RAPID CITY, S.D., Feb. 24, 2020 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced it has entered into a definitive agreement to sell 1,222,942 shares of its common stock at $81.77 per share for aggregate gross proceeds of approximately $100 million, in an underwritten registered transaction. BMO Capital Markets will act as sole book-runner for the offering. The transaction is expected to close on or about Feb. 27, 2020, subject to the satisfaction of customary closing conditions. Net proceeds from this transaction will be used for working capital and general corporate purposes, including funding the company’s capital expenditures program and repayment of outstanding short-term debt. The offering was made only by means of a prospectus supplement relating to the offering and accompanying base prospectus previously filed with the Securities and Exchange Commission, copies of which may be obtained for free by visiting EDGAR on the SEC website at www.sec.gov or, Show less Read more
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