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MI - NFG offers $150MM in common following $500MM debt sale - June 2020



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National Fuel Gas Co. offered 3.8 million common shares at $39.50 each on May 28 for net proceeds of $144.8 million. The company also granted underwriters, led by JP Morgan, BofA and Goldman Sachs, a 570,000-share overallotment option, which if exercised in full would add around $21.7 million to net proceeds. Following the closing of the equity offering and greenshoe, NFG will have about 90.3 million shares outstanding. The common stock sale came quickly......
 
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