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 Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Friday, April 26, 4:04 AM
Slide #28. Sempra Energy — Preferred Stock Offering
| Company: |
Sempra Energy (NYSE:SRE) |
| Date announced: |
7/10/2018 |
| Shares Offered: |
9,750,000 |
| Date of Pricing: |
7/11/2018 |
| Price Per Share: |
$113.75 |
| Preferred Stock Offering Details: |
Sempra Energy (NYSE: SRE) today announced that it is commencing concurrent offerings (the equity offerings) of $1.1 billion of shares of its common stock in connection with the forward sale agreements described below and $500 million of shares of its Mandatory Convertible Preferred Stock, Series B, each in a separate registered public offering, subject to market and other conditions. -updated 7/11- Sempra Energy (NYSE: SRE) today announced that it has priced its concurrent offerings (the equity offerings) of 9,750,000 shares of its common stock in connection with the forward sale agreements described below at $113.75 per share and 5,000,000 shares of its 6.75-percent Mandatory Convertible Preferred Stock, Series B, at $100 per share, each in a separate registered public offering. The equity offerings are expected to close on or about July 13, 2018, subject to customary closing conditions. In addition, the underwriters in the respective equity offerings have been granted the option to purchase directly from Sempra Energy up to an additional 1,462,500 shares of its common stock and up to an additional 750,000 shares of the Mandatory Convertible Preferred Stock. |
Sempra Energy is a holding company. Co.'s operating units invest in, develop and operate energy infrastructure, and provide electric and gas services to customers in North and South America. Co.'s principal operating units are: Sempra Utilities, which includes Co.'s San Diego Gas & Electric Company, Southern California Gas Company and Sempra South American Utilities reportable segments; as well as Sempra Infrastructure, which includes Co.'s Sempra Mexico, Sempra Renewables and Sempra liquefied natural gas (LNG) & Midstream reportable, which develops, owns and operates, or holds interests in, LNG and natural gas midstream assets and operations in Alabama, Louisiana, Mississippi and Texas. Preferreds: SDO.PRB, SDO.PRC, SDO.PRA, SDO.PRH, SRE.PRA
 Open the SRE Page at Preferred Stock Channel »
| Name: |
Sempra Energy |
| Website: |
www.sempra.com |
| Sector: |
Electric Utilities |
| Number of ETFs Holding SRE: |
106 (see which ones) |
| Total Market Value Held by ETFs: |
$4,122,846,436 |
| Total Market Capitalization: |
$34,641,000,000 |
| % of Market Cap. Held by ETFs: |
11.90% |
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Open the SRE Page at Preferred Stock Channel (in a new window) »
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