Global Brass and Copper Holdings Inc Announces Launch Of Secondary Public Offering


Monday, 23 Sep 2013 05:17pm EDT 

Global Brass and Copper Holdings Inc announced the launch of a secondary public offering in the United States of 5,000,000 shares of its common stock. The shares being offered are being sold by the Company`s majority stockholder, which is an affiliate of KPS Capital Partners, LP, and the Company will not receive any of the proceeds of the offering. In addition, the underwriters have the option to purchase from the selling stockholder up to an additional 750,000 shares of common stock, on the same terms and conditions. Goldman, Sachs & Co., Morgan Stanley, William Blair and KeyBanc Capital Markets will act as underwriters for the offering, with Goldman, Sachs & Co. and Morgan Stanley acting as representatives for the underwriters.