NiSource sets Nov 13-17 remarketing for up to 862,500 Series C Mandatory Convertible Preferred shares

NISOURCE INC.

Final remarketing period for Series C Mandatory Convertible Preferred Stock set for Nov 13-17, 2023.
Company intends to remarket up to 862,500 shares of Series C Mandatory Convertible Preferred Stock.
On March 1, 2024, each share automatically converts into 34.9107 to 41.0201 shares of NiSource common stock.
If common stock closing price on pricing date ≤ $24.3783, minimum conversion rate increases.
Dividends may become payable after successful remarketing; company will not receive proceeds.

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