REV Group, Inc. Announces Launch of Proposed Secondary Offering of Common Stock
October 10 2017 - 6:44AM
Business Wire
REV Group, Inc. (NYSE:REVG) announced today an underwritten
public offering of 10,000,000 shares of common stock by certain
selling stockholders, subject to market conditions and other
factors. REV Group is not selling any shares of common stock in the
offering, and REV Group will not receive any proceeds from the
offering by the selling stockholders. In connection with the
offering, the selling stockholders intend to grant the underwriters
an option to purchase up to 1,500,000 additional shares of common
stock from the selling stockholders.
Goldman Sachs & Co. LLC, Morgan Stanley, Baird and Credit
Suisse are acting as joint lead book-running managers and
representatives of the underwriters for the proposed offering.
A registration statement on Form S-1 relating to these
securities has been filed with the U.S. Securities and Exchange
Commission but has not yet become effective. These securities may
not be sold, nor may offers to buy be accepted, prior to the time
that the registration statement becomes effective. A copy of the
preliminary prospectus relating to this offering may be obtained
from: Goldman Sachs & Co. LLC, Attention: Prospectus
Department, 200 West Street, New York, New York 10282, via
telephone: 1-866-471-2526, or via email:
prospectus-ny@ny.email.gs.com; Morgan Stanley & Co. LLC,
Prospectus Department, 180 Varick Street, 2nd Floor, New York, New
York 10014; Robert W. Baird & Co. Incorporated, Attention:
Syndicate Department, 777 East Wisconsin Avenue, Milwaukee, WI
53202-5391, via telephone: 1-800-792-2473, or via email:
syndicate@rwbaird.com; or Credit Suisse Securities (USA) LLC,
Attention: Prospectus Department, One Madison Avenue, New York, New
York, 10010, via telephone: 1-800-221-1037, or via email
newyork.prospectus@credit-suisse.com.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About REV Group
REV Group is a leading designer, manufacturer and distributor of
specialty vehicles and related aftermarket parts and services. REV
Group serves a diversified customer base primarily in the United
States through three segments: Fire & Emergency, Commercial and
Recreation. REV Group provides customized vehicle solutions for
applications including: essential needs (ambulances, fire
apparatus, school buses, mobility vans and municipal transit
buses), industrial and commercial (terminal trucks, cut-away buses
and street sweepers) and consumer leisure (recreational vehicles
and luxury buses). REV Group’s brand portfolio consists of 29
well-established principal vehicle brands including many of the
most recognizable names within its served markets. Several of REV’s
brands pioneered their specialty vehicle product categories and
date back more than 50 years. Investors-REVG
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REV Group, Inc.Sandy Bugbee, 1-888-738-4037
(1-888-REVG-037)investors@revgroup.com
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