Loar Holdings (LOAR) announced the launch of a secondary underwritten public offering of 9M shares of its common stock by certain of its stockholders. Such selling stockholders will receive all of the proceeds from this offering. Loar is not selling any shares of common stock in this offering and will not receive any proceeds from this offering. Jefferies and Morgan Stanley are acting as lead book runners for the proposed offering. Blackstone is acting as co-manager.
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Read More on LOAR:
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