financetom
Business
financetom
/
Business
/
WEC Energy Prices $775 Million Convertible Notes Offering
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
WEC Energy Prices $775 Million Convertible Notes Offering
Jun 6, 2025 12:47 AM

03:38 AM EDT, 06/06/2025 (MT Newswires) -- WEC Energy ( WEC ) said late Thursday it has priced a private offering of $775 million worth of 3.375% convertible senior notes due 2028.

The offering, upsized from an initial $700 million, is expected to close on June 10, the company said.

The company is granting initial purchasers a 13-day option purchase up to $125 million in additional notes.

The conversion rate for the notes will initially be 7.7901 shares per $1,000 in principal, equivalent to a conversion price of around $128.37 per share, the company said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
LendingTree Q4 Adjusted EPS, Revenue Increase; Shares Rise After Hours
LendingTree Q4 Adjusted EPS, Revenue Increase; Shares Rise After Hours
Mar 5, 2025
04:54 PM EST, 03/05/2025 (MT Newswires) -- LendingTree ( TREE ) reported Q4 adjusted earnings Wednesday of $1.16 per diluted share, up from $0.28 a year earlier. Analysts polled by FactSet expected $0.53. Revenue for the quarter ended Dec. 31 was $261.5 million, up from $134.4 million a year earlier. Analysts surveyed by FactSet expected $236.4 million. The company said...
Omega Flex Q4 Earnings, Revenue Fall
Omega Flex Q4 Earnings, Revenue Fall
Mar 5, 2025
04:54 PM EST, 03/05/2025 (MT Newswires) -- Omega Flex ( OFLX ) reported Q4 diluted earnings Wednesday of $0.46 per share, down from $0.48 a year earlier. Revenue in the three months ended Dec. 31 fell to $27 million from $28.1 million a year earlier. ...
Datadog Insider Sold Shares Worth $2,320,039, According to a Recent SEC Filing
Datadog Insider Sold Shares Worth $2,320,039, According to a Recent SEC Filing
Mar 5, 2025
04:54 PM EST, 03/05/2025 (MT Newswires) -- Sean Michael Walters, Chief Revenue Officer, on March 03, 2025, sold 20,024 shares in Datadog ( DDOG ) for $2,320,039. Following the Form 4 filing with the SEC, Walters has control over a total of 194,333 Class A common shares of the company, with 194,325 shares held directly and 8 controlled indirectly. SEC...
Riley Exploration Q4 Earnings Decline, Revenue Increases
Riley Exploration Q4 Earnings Decline, Revenue Increases
Mar 5, 2025
04:53 PM EST, 03/05/2025 (MT Newswires) -- Riley Exploration Permian ( REPX ) reported Q4 diluted earnings Wednesday of $0.52 per share, down from $1.90 a year earlier. Analysts polled by FactSet expected $1.52. Revenue for the quarter ended Dec. 31 was $102.7 million, up from $99.8 million a year earlier. Analysts surveyed by FactSet expected $102.5 million. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved