Connecticut Water Service (CTWS) Announces 1.48M Common Offering

December 11, 2012 4:06 PM EST
Connecticut Water Service, Inc. (Nasdaq: CTWS) intends to offer to the public 1,475,000 shares of common stock under its existing shelf registration statement. The underwriters will have a 30-day option to purchase an additional 221,250 shares of common stock to cover over-allotments, if any. The offering price of the shares will be determined by market conditions at the time of pricing, in consultation with the underwriters.

Wells Fargo Securities will serve as sole book-runner for the offering. Baird, Janney Montgomery Scott, Boenning & Scattergood, Inc., Brean Capital and Ladenberg Thalmann & Co. Inc. will serve as co-managers for the offering.


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Robert W Baird, Janney Montgomery Scott, Boenning & Scattergood, Wells Fargo