Nisource inc. announces decision to postpone the remarketing of its series c mandatory convertible preferred stock due to market conditions

Merrillville, ind. , sept. 28, 2023 /prnewswire/ -- nisource inc. (nyse: ni) ("nisource") announced today that due to market conditions it has decided to postpone at its option the remarketing of up to 862,500 shares of its series c mandatory convertible preferred stock, par value $0.01 per share, with a liquidation preference of $1,000 per share (the "mandatory convertible preferred stock"), originally issued on april 19, 2021 as part of nisource's equity units.
NI Ratings Summary
NI Quant Ranking