EdR Closes Stock Offering of 17.24M Shares - Endeavor Gr Hldgs (NYSE:EDR)

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EdR (NYSE: EDR) today announced that it has closed its underwritten publicoffering of 17,250,000 shares of its common stock, which includes 2,250,000shares issued as a result of the underwriters' exercise of their option topurchase additional shares at the closing. EdR received approximately $180.9million in net proceeds from the offering after deducting the underwritingdiscount and other estimated offering expenses. BofA Merrill Lynch and KeyBancCapital Markets served as joint book-running managers for the offering. PNCCapital Markets LLC, RBC Capital Markets and UBS Investment Bank served aslead managers for the offering, and Baird and Sandler O'Neill + Partners, L.P.served as co-managers.

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