Atmos Energy Announces Public Offering of 8,500,000 Shares.DALLAS -- Atmos Energy Corporation (NYSE NYSE See: New York Stock Exchange :ATO ATO Australian Taxation Office ATO Ambito Territoriale Ottimale (Italy) ATO Alpha Tau Omega ATO Air Traffic Organization (FAA) ATO Arab Towns Organization ATO Air Tasking Order ATO Assemble To Order ) today said that it plans to make a public offering of 8,500,000 shares of its common stock. The offering will be made under the company's shelf registration statement filed with the Securities and Exchange Commission. Merrill Lynch & Co. will be the lead manager for the offering with JPMorgan, Lehman Brothers, UBS UBS Union Bank of Switzerland UBS United Bible Societies UBS United Blood Services UBS United Buying Service UBS Used Bookstore UBS University Business Services UBS Universal Building Society (UK) UBS Ulaanbaatar Broadcasting System Investment Bank, A.G. Edwards and Edward D. Jones Edward D. Jones, Sr. (July 29, 1893-October 10,1982) was an investment banker born in St. Louis. He graduated from Bellefontaine High School in Bellefontaine, Ohio in 1913, then from New York University in 1916. After graduating from NYU, Jones was employed by N. W. & Co., L.P. serving as co-managers. The underwriters will be granted an option to purchase up to an additional 1,215,000 shares to cover overallotments, if any. The company will offer all of the shares. Atmos Energy intends to use the net proceeds Net Proceeds The amount received after all costs are deducted from the sale of a piece of property or security. Notes: In the case of an investor selling a security, net proceeds represent the proceeds from the sale minus any trading costs (i.e. commissions). of this offering to pay a portion of the purchase price for its pending acquisition of the natural gas distribution and pipeline operations of TXU TXU Texas Utilities (Electric and Gas Company) TXU Transmitter Unit Gas Company from TXU Corp., announced on June 17, 2004. The offering of the shares of common stock may be made only by means of a prospectus. A copy of the preliminary prospectus supplement can be obtained from Merrill Lynch & Co., 4 World Financial Center, North Tower, New York, New York 10080. This news release does not constitute an offer to sell any securities under the offering. Atmos Energy Corporation, headquartered in Dallas, is one of the largest natural gas distributors in the United States, serving about 1.7 million utility customers. Atmos Energy's utility operations serve more than 1,000 small and medium-size communities in 12 states from the Blue Ridge Mountains Blue Ridge also Blue Ridge Mountains A range of the Appalachian Mountains extending from southern Pennsylvania to northern Georgia. It rises to 2,038.6 m (6,684 ft) at Mount Mitchell in the Black Mountains of western North Carolina. in the East to the Rocky Mountains in the West. Atmos Energy's nonutility operations, organized under Atmos Energy Holdings, Inc., operate in 18 states. They provide natural gas marketing and procurement services to industrial, commercial and municipal customers, manage company-owned natural gas storage and pipeline assets and construct small electric generating plants for industrial and municipal customers. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion