Susser Holdings (SUSS) Announces 3.5 Million Share Public Offering
Tweet
Share
E-mailGet Alerts SUSS Hot Sheet
Join SI Premium – FREE
Susser Holdings Corporation (NASDAQ: SUSS) today announced that it has commenced an underwritten public offering of approximately 3.5 million shares of its common stock.
In connection with the offering, Susser will grant the underwriters an option to purchase up to 525,000 additional shares. Susser intends to use the net proceeds from this offering for growth capital for new store development and general corporate purposes which may include opportunistic debt reduction, from time to time, based on market conditions.
BofA Merrill Lynch is the sole book-running manager for this offering.
In connection with the offering, Susser will grant the underwriters an option to purchase up to 525,000 additional shares. Susser intends to use the net proceeds from this offering for growth capital for new store development and general corporate purposes which may include opportunistic debt reduction, from time to time, based on market conditions.
BofA Merrill Lynch is the sole book-running manager for this offering.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BofA Securities Starts Mobility Global (MBGL) at Neutral
- Nuvectis Pharma (NVCT) files $200M mixed shelf
- Curvature Securities terminates ATM sales pact with Planet Green
Create E-mail Alert Related Categories
Equity OfferingsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
