8-KOther EventsExhibits & Filings

DOMINION ENERGY, INC 8-K Report, Corporate Update (Jan 29, 2009)

Filed January 29, 2009For Securities:D

Summary

Dominion Resources, Inc. (D) has announced an "at-the-market" (ATM) equity offering program through three separate Sales Agency Agreements with BNY Mellon Capital Markets, Merrill Lynch, and Morgan Stanley. This program allows Dominion to sell up to $400 million worth of its common stock over time. The sales can occur through various methods, including negotiated transactions and sales directly on the New York Stock Exchange, leveraging an automatically effective Form S-3 registration statement filed on the same day. This offering provides Dominion with financial flexibility to raise capital efficiently in the public markets as needed.

Key Highlights

  • 1Dominion Resources (D) entered into Sales Agency Agreements with BNY Mellon Capital Markets, Merrill Lynch, and Morgan Stanley.
  • 2The company can offer up to $400 million of its common stock through these agreements.
  • 3Sales will be conducted as 'at-the-market' offerings, allowing for flexibility in pricing and timing.
  • 4Methods of sale include privately negotiated transactions and direct sales on the NYSE.
  • 5The offerings are made under a Form S-3 registration statement filed on January 29, 2009.
  • 6This initiative provides Dominion with a mechanism to raise capital opportunistically.
  • 7The Sales Agents will act in their individual capacities to sell the Company's shares.

Frequently Asked Questions