Dominion Files Shelf Registration.Business Editors/Energy Writers RICHMOND, Va.--(BUSINESS WIRE)--July 31, 2002 Dominion dominion, power to rule, or that which is subject to rule. Before 1949 the term was used officially to describe the self-governing countries of the Commonwealth of Nations—e.g., Canada, Australia, or India. (NYSE NYSE See: New York Stock Exchange : D) announced today that it has filed a mixed shelf registration statement with the U.S. Securities & Exchange Commission. The filing will allow Dominion to issue up to $4.5 billion in securities over approximately two years, consisting of senior debt, junior subordinated debentures subordinated debenture An unsecured bond with a claim to assets that is subordinate to all existing and future debt. Thus, in the event that the issuer encounters financial difficulties and must be liquidated, all other claims must be satisfied before , trust preferreds, common stock, preferred stock Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders. Preferred stock is given preference over common stock. Holders of preferred stock receive dividends at a fixed annual rate. , stock purchase contracts and stock purchase units. Dominion has also deregistered approximately $350 million of securities registered under two prior registration statements. "Proceeds will be used for general corporate purposes, including redemption or retirement of maturing debt securities, and financing of capital expenditures as well as any potential future acquisitions," said Thomas (language) Thomas - A language compatible with the language Dylan(TM). Thomas is NOT Dylan(TM). The first public release of a translator to Scheme by Matt Birkholz, Jim Miller, and Ron Weiss, written at Digital Equipment Corporation's Cambridge Research Laboratory runs N. Chewning, chief financial officer. "This was a routine shelf filing necessary to accommodate future expected and potential needs," he said. "Shelf filings are typically done about every two years and Dominion's last universal shelf filing was done in February of 2001." This news release does not constitute an offer of any securities for sale. Dominion, headquartered in Richmond, Va., is one of the nation's largest producers of energy. |
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