Atlas Air Worldwide Prices Convertible Senior Notes
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Atlas Air Worldwide Holdings (AAWW) Prices Aggregate $200M Conv. Senior Notes Offering
May 29, 2015 7:19 AM EDTAtlas Air Worldwide Holdings (NASDAQ: AAWW) announced the pricing of $200 million aggregate principal amount of its 2.25% convertible senior notes due 2022 in an underwritten public offering. Atlas Air Worldwide has granted the underwriters an option to purchase, within a 13-day period beginning on and including the date the notes are first issued, up to an additional $30 million aggregate principal amount of the notes from the company, solely to cover over-allotments. The offering is expected to close on June 3, 2015, subject to the satisfaction of customary closing conditions.
The company estimates that the net proceeds of this offering... More
