MDU Resources Group, Inc.’s SEC-Registered At-The-Market Offering Program

Davis Polk advised the sales agents in connection with the establishment of an SEC-registered at-the-market offering program by MDU Resources Group, Inc. of up to 10,000,000 shares of its common stock.

J.P. Morgan and MUFG Securities Americas Inc. acted as sales agents.

Principally based in Bismark, North Dakota, MDU Resources is a regulated energy delivery and construction materials and services business. MDU Resources is organized into five business segments, including electric, natural gas distribution, pipeline and midstream, construction materials and contracting, and construction services.

The Davis Polk corporate team included partner Michael Kaplan (Picture) and associate Win Rutherfurd. The tax team included partner Michael Farber and associates Eitan Ulmer and Danielle Rapaccioli. Counsel David A. Zilberberg provided environmental advice.

Involved fees earner: Michael Farber – Davis Polk & Wardwell; Michael Kaplan – Davis Polk & Wardwell; Danielle Rapaccioli – Davis Polk & Wardwell; Win Rutherfurd – Davis Polk & Wardwell; Eitan Ulmer – Davis Polk & Wardwell; David Zilberberg – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: MDU Resources Group, Inc.;

Author: Ambrogio Visconti