Pike Electric files $250 million shelf for debt, stock and preferreds

By Devika Patel

Knoxville, Tenn., July 27 - Pike Electric Corp. filed a $250 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers common stock, preferred stock, debt securities, units and warrants.

The securities may be structured as convertibles.

Proceeds will be used for general corporate purposes.

Pike Electric, based in Mount Airy, N.C., provides outsourced electric distribution and transmission services in the United States.

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