DT Midstream prices upsized $366M equity offering to fund pipeline acquisition

DT Midstream, Inc.

Upsized offering of 3,625,000 shares at $101/share; gross proceeds $366.125M.
Underwriters exercised in full 30-day option for 543,750 additional shares; net proceeds ~$405.5M.
Proceeds, with $650M senior notes and credit facility, to fund buy of three ONEOK pipelines (Guardian, Midwestern Gas, Viking).
Offering closed November 21; lead book-runner Barclays; acquisition closing not conditioned on offering.
45-day lock-up for officers and directors on common stock.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.