Nisource inc. announces the settlement rate for the purchase contract component of its 2021 equity units offering

Merrillville, ind.--(business wire)--nisource inc. (nyse: ni) (“nisource”) announced today the settlement rate of the purchase contracts that form part of its series a corporate units (the “corporate units”), originally issued on april 19, 2021 as part of nisource's equity units (“2021 equity units”). each holder of a corporate unit will receive 3.9295 shares (the “settlement rate”) of nisource common stock with cash to be paid in lieu of any fractional share. the settlement rate was determined.
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