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TXU ups debt, stock, stock purchase unit, trust pfd shelf to $2 bln
New York, Oct. 5 - TXU Corp. raised to $2 billion its shelf registration for debt securities, common stock, stock purchase units, stock purchase contracts, trust preferreds and preference shares in a filing with the Securities and Exchange Commission Friday. Of the $2 billion total, $800 million was new availability added Friday.
The Dallas, Texas energy company said it would use proceeds for general corporate purposes unless specified otherwise at the time of sale.
For the six months ended June 30, 2001, TXU had an earnings to fixed charge ratio of 1.71:1 compared to 1.72:1 for the same period of 2000.
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