trending Market Intelligence /marketintelligence/en/news-insights/trending/ckyfc5r8ibx0cqahhzw3wq2 content esgSubNav
In This List

WGL Holdings completes $248.8M floating-rate note offering

Video

S&P Capital IQ Pro | Powering Your Edge

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Enterprises are missing out on 24B by not optimizing cloud spending not going multicloud


WGL Holdings completes $248.8M floating-rate note offering

WGL Holdings Inc. completed its public offering of floating-rate notes due 2020, which yielded about $248.8 million in net proceeds.

The Washington, D.C.-based public utility holding company plans to use the proceeds for general corporate purposes, such as paying down debt under its revolving credit facility, according to a March 16 SEC filing.

U.S. Bancorp Investments Inc. and RBC Capital Markets LLC served as representatives of the underwriters for the offering.