Summary
Sempra Energy, through its Sempra México unit, announced its intention to offer shares of common stock in a private offering. This offering is targeted towards qualified institutional buyers in the United States and will be conducted outside the United States as well. The announcement was made via a press release filed on February 25, 2013, in accordance with Rule 135c under the Securities Act of 1933. It is crucial for investors to understand that this is a preliminary announcement and does not constitute an offer to sell or a solicitation to buy. The shares have not been registered under the Securities Act, meaning they cannot be offered or sold in the U.S. without registration or an applicable exemption. Investors should monitor future filings for details regarding the terms, pricing, and completion of this offering, as well as any implications for Sempra Energy's overall financial structure and strategy.
Key Highlights
- 1Sempra Energy's Sempra México unit plans to conduct a private offering of its common stock.
- 2The offering will be made to qualified institutional buyers in the U.S. under Rule 144A and to investors outside the U.S. under Regulation S.
- 3The announcement is for informational purposes only and is not an offer to sell or a solicitation to buy.
- 4The shares have not been registered under the Securities Act of 1933.
- 5Sale in the U.S. is restricted to those with registration or an applicable exemption.
- 6The filing includes a press release from Sempra Energy dated February 25, 2013, as an exhibit.