Portland General Electric Company (NYSE: POR), a fully integrated energy company, has announced that it has priced an underwritten public offering of 10,100,000 shares of its common stock, all of which are being offered in connection with the forward sale agreements described below, at a public offering price of US$43 per share. The offering is expected to close on October 28, 2022, subject to satisfaction of the conditions to closing.
Latham & Watkins LLP represents Portland General Electric Company in the offering with a corporate deal team led by San Diego partner Michael Sullivan and New York/Los Angeles partner Greg Rodgers, with Los Angeles associate Grace Garcea. Advice was provided on equity derivative matters by New York partner Rafal Gawlowski, with New York associates Jack Neff and Hera Liao; on corporate tax matters by Century City/Los Angeles partner Pardis Zomorodi, with Century City associate Changsheng (Eric) Song; and on equity derivative tax matters by New York partners Bora Bozkurt and Elena Romanova, with New York associate Ron Moore.
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