Generac Holdings Inc. Announces Pricing of Secondary Offering by Funds Affiliated with CCMP Capital - No shares will be sold in the offering by the Company or its officers or directors
Generac Holdings Inc. (NYSE: GNRC) (the “Company”), announced today the
pricing of an underwritten secondary offering of 10,000,000 shares of
its common stock by funds affiliated with CCMP Capital (the “Selling
Stockholders”) at a price to the public of $35.00 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.
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.
