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Stock impact report

PGT Innovations Announces Proposed Offering of Its Common Stock

PGT Innovations, Inc. (PGTI) 
Last pgt innovations, inc. earnings: 2/25 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.pgtinnovations.com
Company Research Source: Business Wire
NORTH VENICE, Fla.--(BUSINESS WIRE)-- PGT Innovations (NYSE: PGTI), a national leader in the premium window and door category, today announced it has commenced an underwritten public offering, subject to market and other conditions, of 7,000,000 shares of its common stock pursuant to an effective shelf registration statement. In addition, PGTI expects to grant the underwriters an option for a period of 30 days to purchase up to an additional 1,050,000 shares of common stock. PGTI expects to apply the net proceeds from this offering, to repay indebtedness under PGTI’s existing credit facility and expects to apply any net proceeds from the underwriters’ exercise of the option to purchase additional shares to general corporate purposes. SunTrust Robinson Humphrey, J.P. Morgan, KeyBanc Capital Markets, Jefferies, Wells Fargo Securities and Deutsche Bank Securities are serving as Joint Bookrunning Man Show less Read more
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