Atmos Energy in 8M-share public offering, shares -1.2% AH

|About: Atmos Energy Corporation (ATO)|By:, SA News Editor

Atmos Energy (ATO) -1.2% AH after announcing plans for a public offering of 8M shares of common stock.

ATO says it intends to use the proceeds to repay short-term debt outstanding under its $950M commercial paper program, fund infrastructure spending to enhance the safety and reliability of the company's system and for general corporate purposes.