Westar Energy in 8M-share public offering

|About: Westar Energy, Inc. (WR)|By:, SA News Editor

Westar Energy (WR) -1.9% AH after announcing a public offering of 8M shares of its common stock.

WR expects to use the net proceeds to repay short-term debt under its commercial paper program, which is used to provide funds to finance its ongoing capital program, and for working capital and general corporate purposes.