Spire Prices Public Offering of Common Stock
Summary
The offering is intended to support investments in ongoing infrastructure upgrades, as well as the Spire STL Pipeline and recently acquired storage assets.To that end, we intend to use the net proceeds from the offering to repay short-term borrowings used to fund such investments as well as for general corporate purposes.Wells Fargo Securities, Credit Suisse and RBC Capital Markets are acting as joint bookrunners for the offering, and Stifel and Ramirez & Co., Inc. are co-managers.We are committed to transforming our business and pursuing growth through 1) growing organically, 2) investing in infrastructure, 3) acquiring and integrating, and 4) innovation and technology.For a more complete description of these uncertainties and risk factors, see the preliminary prospectus supplement and accompanying prospectus for the offering, including our Annual Report on Form 10-K for the fiscal year ended September 30, 2017 and our Quarterly Reports on Form 10-Q for the quarters ended December 31, 2017 and March 31, 2018 incorporated by reference therein, each as filed with the Securities and Exchange Commission.