Generac Holdings Inc. Announces Pricing of Secondary Offering by Funds Affiliated with CCMP Capital - No shares will be sold ...
June 14 2013 - 8:55AM
Business Wire
Generac Holdings Inc. (NYSE: GNRC) (the “Company”), announced
today 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. The offering of these securities is being made by means
of a prospectus supplement and the accompanying prospectus only,
copies of which may be obtained from Morgan Stanley & Co. LLC,
Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New
York, NY 10014, or telephone: 1-866-718-1649, or email:
prospectus@morganstanley.com.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such an
offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such state or
jurisdiction.
About Generac
Since 1959, Generac has been a leading designer and manufacturer
of a wide range of generators and other engine powered products. As
a leader in power equipment serving residential, light commercial,
industrial and construction markets, Generac's power products are
available internationally through a broad network of independent
dealers, retailers, wholesalers and equipment rental companies.
Source: Generac Holdings Inc.
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