Modine announces public offering of common stock
10/08/2017
Modine Manufacturing Company, a diversified global leader in thermal management technology and solutions, today announced that it has commenced an underwritten public offering of 5 million shares of common stock. In connection with the offering, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 750,000 shares of common stock of the Company. The Company intends to use all of the net proceeds of the offering to pay down outstanding indebtedness. The offering is being made through an underwriting group led by Baird, who is acting as joint book-running manager and as representative of the underwriters, and KeyBanc Capital Markets, who is acting as joint book-running manager for the common stock offering. Seaport Global Securities and Craig-Hallum Capital Group are acting as co-managers for the offering.
10/08/2017
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Modine Manufacturing Company, a diversified global leader in thermal management technology and solutions, today announced that it has commenced an underwritten public offering of 5 million shares of common stock. In connection with the offering, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 750,000 shares of common stock of the Company. The Company intends to use all of the net proceeds of the offering to pay down outstanding indebtedness. The offering is being made through an underwriting group led by Baird, who is acting as joint book-running manager and as representative of the underwriters, and KeyBanc Capital Markets, who is acting as joint book-running manager for the common stock offering. Seaport Global Securities and Craig-Hallum Capital Group are acting as co-managers for the offering.
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