Avista discloses agreement to sell up to 2.73M shares

Avista disclosed that it entered into separate Sales Agency Agreements with BNY Mellon Capital and UBS Securities. Under the terms of the agreements, Avista may offer and sell up to 2.73M shares of its common stock from time to time through either BNY or UBS. Unless earlier terminated, each agreement will terminate upon the earlier of the sale of all of the shares through such agreement or December 1, 2015. Concurrently, Avista terminated the Amended and Restated Sales Agency Agreement with BNY Mellon Capital Markets, dated December 16, 2009 and further amended on August 25, 2010.