8-KThe WireRoutine
Company Update
Filed Jun 15, 2020 · 6y ago · Accession 0001104659-20-073090
Plain English
Material event — a significant development the company must disclose promptly.
Read the source below for the full document.
Filing text
View original ↗UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13
or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event
reported): June 11, 2020
EVERSOURCE ENERGY
(Exact name of registrant as specified
in its charter)
Massachusetts
001-05324
04-2147929
(State or other jurisdiction
of organization)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
300
Cadwell Drive
Springfield ,
Massachusetts
01104
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number,
including area code: ( 800 ) 286-5000
Not Applicable
(Former name or former address, if changed
since last report.)
Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
¨ Written communications pursuant to Rule 425 under
the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under
the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of
the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Shares, $5.00 par value per share
ES
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange
Act of 1934 ( 17 CFR §240.12b-2).
Emerging growth
company ¨
If an emerging
growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with
any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 8.01
Other Events
On June 11, 2020, Eversource Energy entered
into an Underwriting Agreement (the “Underwriting Agreement”) with Goldman Sachs & Co. LLC, Barclays Capital Inc.
and Citigroup Global Markets Inc., as representatives of the several underwriters named in Schedule I thereto (the “Underwriters”),
pursuant to which Eversource Energy issued and sold 6,000,000 shares of Eversource Energy common shares, $5.00 par value (the “Common
Shares”), to the Underwriters. The public offering price of the Common Shares is $86.26 per Common Share, and the Underwriters
have agreed to purchase the Common Shares from the Company pursuant to the Underwriting Agreement at a price of $84.91 per Common
Share. Pursuant to the Underwriting Agreement, Eversource Energy granted the Underwriters an option, exercisable for 30 days, to
purchase up to an additional 900,000 Common Shares at the public offering price.
The offering is being made pursuant to Eversource
Energy’s effective registration statement on Form S-3ASR (Registration No. 333-231118) and is expected to close on or about
June 15, 2020, subject to the satisfaction or waiver of customary closing conditions. A legal opinion related to the shares to
be to be issued pursuant to the Underwriting Agreement in the offering is filed herewith as Exhibit 5.1.
The foregoing description of the Underwriting
Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Underwriting Agreement,
which is filed as an exhibit hereto and is incorporated herein by reference.
On June 11, 2020, Eversource Energy issued
a press release announcing the commencement of the offering and a press release announcing that it had priced the offering. Copies
of these press releases are attached as Exhibits 99.1 and 99.2 hereto and are incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
Exhibit Number
Description
1.1
Underwriting Agreement dated as of June 11, 2020
5.1
Opinion of Deputy General Counsel and Corporate Secretary of Eversource Energy Service Company
23.1
Consent of Deputy General Counsel and Corporate Secretary of Eversource Energy Service Company (included in Exhibit 5.1)
99.1
Launch Press Release of Eversource Energy dated June 11, 2020
99.2
Pricing Press Release of Eversource Energy dated June 11, 2020
104
Cover Page lnteractive Data File (embedded within the Inline XBRL document).
SIGNATURE
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
EVERSOURCE ENERGY
(Registrant)
June 15, 2020
By:
/s/ Philip J. Lembo
Philip J. Lembo
Executive Vice President and
Chief Financial Officer
Filing details
- Company
- EVERSOURCE ENERGY
- Ticker
- ES
- CIK
- 72741
- Form type
- 8-K
- Filing date
- Jun 15, 2020
- Report date
- Jun 11, 2020
- Document
- tm2022590-1_8k.htm
- Size
- 484 KB