Entergy Corporation announces public offering of common stock with a forward component
Entergy announced a $2.175B registered forward sale of common stock, with underwriters granted a 30-day option to purchase an additional $326.25M. The forward sale agreements with Wells Fargo, Citi, Barclays, and Scotiabank are expected to settle by April 30, 2028, though Entergy may elect cash or net share settlement earlier.
Key figures
- Deal Value Usd
- 2175000000
- Settlement date
- April 30, 2028
- Additional option amount usd
- 326250000
AI analysis
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