WGL Holdings Inc. may, from time to time, offer to sell an undisclosed amount of its floating-rate notes due 2020, according to a March 12 SEC filing.
The company may offer the notes, on a continuous or delayed basis, through one or more underwriters, dealers and agents, or direct purchases. Proceeds from a sale would be used for general corporate purposes, which may include meeting capital requirements, funding acquisitions, repurchasing outstanding WGL Holdings shares and WGL Holdings subsidiary shares, CapEx, repaying debt, and reimbursing funds expended.
WGL Holdings is a public utility holding company in the U.S. that serves customers in Virginia, Maryland and Washington, D.C.
