Middlesex Water $110 million at-the-market offering
The shares are listed on the Nasdaq Global Select Market
Davis Polk advised the sales agents in connection with the SEC-registered at-the-market offering by Middlesex Water Company of its common stock for up to an aggregate offering price of $110 million. The common stock is listed on the Nasdaq Global Select Market under the symbol “MSEX.”
Middlesex was incorporated as a water utility company in 1897 and owns and operates regulated water utility and wastewater systems primarily in New Jersey and Delaware. Middlesex also operates water and wastewater systems under contract on behalf of municipal and private clients primarily in New Jersey and Delaware.
The Davis Polk corporate team included partner Derek Dostal and associates Katherine S. Warshauer and Yao Li. Counsel Tracy L. Matlock and associate Caroline Peters provided tax advice. All members of the Davis Polk team are based in the New York office.