Dominion Energy Commences Cash Tender Offer to Purchase Any & All Of Its Outstanding Series B Preferred Stock [Yahoo! Finance]
Dominion Energy, Inc. (D)
Last dominion energy, inc. earnings: 2/11 07:30 am
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Source: Yahoo! Finance
The company intends to use proceeds from the EJSN Offering, in part, to purchase Series B Preferred Shares in connection with the cash tender offer The company intends to use remaining proceeds, including the $500 million attributable to the upsized EJSN Offering in excess of the company's 2024 hybrid financing guidance to repay short-term debt and/or opportunistically retire, redeem, or repurchase other outstanding securities, which may include the existing $685 million 2014 Series A Enhanced Junior Subordinated Notes due 2054, which become callable at par in October 2024 No change to the company's existing financial guidance including with regard to earnings, credit, and dividend policy RICHMOND, Va. May 7, 2024 /PRNewswire/ -- Consistent with guidance provided during its March 1 investor day and first-quarter 2024 earnings call, Dominion Energy, Inc. (NYSE: D), today announced the commencement of a tender offer to purchase for cash any and all of its outstanding 4.65% Series
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