Generac (GNRC) Prices 6.5M Common Stock Secondary Offering

June 14, 2013 8:55 AM EDT
Generac Holdings (NYSE: GNRC) announced the pricing of an underwritten secondary offering of 6,500,000 shares of its common stock by funds affiliated with CCMP Capital (the “Selling Stockholders”) at a price to the public of $34.95 per share pursuant to the Company’s shelf registration statement previously filed with the Securities and Exchange Commission. The Selling Stockholders will receive all of the proceeds from this offering. The underwriter of the offering will have an option to purchase up to 975,000 additional shares.

No shares are being sold by the Company or any of its officers or directors in the offering.

Morgan Stanley & Co. LLC is the underwriter for the offering.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Corporate News, Equity Offerings

Related Entities

Morgan Stanley, CCMP Capital