Avista files automatic shelf

By Jennifer Chiou

New York, Dec. 11 - Avista Corp. filed an automatic shelf registration in an S-3 filing with the Securities and Exchange Commission.

Covered by the shelf are debt securities, preferred stock, common stock and preferred stock purchase rights. Debt securities may be structured as convertibles.

The Spokane, Wash.-based energy company said proceeds will go toward Avista's utilities segment's construction, facility improvement and maintenance programs; refinancing maturing long-term debt; continuing to fund retirements of longer-term debt; repaying short-term debt and other general corporate purposes.

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