SCANA Corp. and subsidiary South Carolina Electric & Gas Co. on March 16 filed shelf registration statements for the potential sale of an unspecified amount of securities.
SCANA's filing covers the sale of the company's medium-term notes and common stock while SCE&G's filing covers the sale of first mortgage bonds.
Net proceeds from the sale of the securities will be used for financing capital expenditures, for refunding, redeeming or retiring debt and for other general corporate purposes. The companies may also invest the proceeds in short-term or marketable securities.
