Paul Hastings Advises Underwriters on Chesapeake Utilities Corporation’s Common Stock Offering
November 15, 2023
Paul Hastings LLP is advising Barclays Capital Inc., RBC Capital Markets, LLC, and Wells Fargo Securities, LLC, as joint lead book-running managers, and the other underwriters in connection with Chesapeake Utilities Corporation’s underwritten public offering of 4,438,596 shares of common stock at an offering price of $85.50 per share. The net proceeds from the offering are expected to be $367.2 million, including proceeds from the exercise in full of the underwriters’ over-allotment option, and will be used in part to fund Chesapeake’s acquisition of Florida City Gas.
Paul Hastings previously advised Barclays on the committed bridge financing for this acquisition.
More information can be found here.
About Paul Hastings
With widely recognized elite teams in finance, mergers & acquisitions, private equity, restructuring and special situations, litigation, employment, and real estate, Paul Hastings is a premier law firm providing intellectual capital and superior execution globally to the world’s leading investment banks, asset managers, and corporations.