trending Market Intelligence /marketintelligence/en/news-insights/trending/vjhchzytxwpsrngo2zqgkg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Fortis launches C$500M at-the-market equity program

Essential Energy Insights - May 14, 2020

Credit Risk: Identifying Early Warning Signals In The Oil And Gas Industry

Stress Testing Energy Companies in the Current Environment

Infographic Solar Power by the Numbers The US Canada and Mexico


Fortis launches C$500M at-the-market equity program

Fortis Inc. plans to sell up to C$500 million of its common shares from time to time as part of its newly established at-the-market equity program.

The company said it will sell the shares through the Toronto Stock Exchange and the NYSE at the prevailing market price at the time of sale, according to a March 26 news release. The program is valid until Dec. 30.

Fortis intends to use sale proceeds for general corporate purposes.

Scotia Capital Inc., TD Securities Inc., Morgan Stanley Canada Ltd. and Wells Fargo Securities Canada Ltd. will serve as selling agents in Canada. Scotia Capital (USA) Inc., TD Securities (USA) LLC, Morgan Stanley & Co. LLC and Wells Fargo Securities LLC will act as U.S. agents.