AZZ Inc. announced that it is offering 4M shares of its common stock in an underwritten public offering. Evercore ISI and Jefferies are acting as joint lead book-running managers. Baird, Wells Fargo Securities and Wolfe Nomura Alliance are acting as additional book-running managers. Roth Capital Partners is acting as co-manager for the offering. AZZ intends to use the net proceeds for the redemption of all of the company’s 6.0% Series A Convertible Preferred Stock.
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