NEW JERSEY RESOURCES <NJR> TO OFFER SHARES
New Jersey Resources corp said it has
filed for an offering of 1,300,000 common shares through
underwriters led by Merrill Lynch and Co Inc <MER> and E.F.
Hutton Group Inc <EFH>.
    It said the offering is expected to be completed in late
March or early April and proceeds will be used to reduce
short-term debt.
 Reuter
