RICHMOND, Va. – Dominion (NYSE: D) announced today that
it has filed a mixed shelf registration statement with the U.S. Securities &
Exchange Commission. The filing will allow Dominion to issue up to $4.5 billion
in securities over approximately two years, consisting of senior debt, junior
subordinated debentures, trust preferreds, common stock, preferred stock, stock
purchase contracts and stock purchase units. Dominion has also deregistered
approximately $350 million of securities registered under two prior registration
statements.
Proceeds will be used for general corporate purposes, including
redemption or retirement of maturing debt securities, and financing of capital
expenditures as well as any potential future acquisitions, said Thomas N. Chewning,
chief financial officer. "This was a routine shelf filing necessary to
accommodate future expected and potential needs," he said. "Shelf
filings are typically done about every two years and Dominion's last universal
shelf filing was done in February of 2001."
This news release does not constitute an offer of any securities
for sale.
Dominion, headquartered in Richmond, Va., is one of the nation's
largest producers of energy.
