Michael Kors Holdings Limited KORS (the “Company”) today
announced the pricing of the secondary offering of 25,000,000 ordinary
shares by certain selling shareholders at a price of $61.50 per share.
In addition, certain of the selling shareholders have granted the
underwriters a 30-day option to purchase up to an additional 3,750,000
ordinary shares. The secondary offering is expected to close on or about
February 26, 2013.
Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC and Goldman, Sachs
& Co. are joint book-running managers, and Robert W. Baird & Co.
Incorporated, HSBC Securities (USA) Inc., Jefferies & Company, Inc.,
Nomura Securities International, Inc. and Piper Jaffray & Co. are
co-managers for the offering. Lebenthal
See full press release
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in