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ClubCorp Holdings Inc Announces Confidential Submission Of Draft Registration Statement For Initial Public Offering To Securities And Exchange Commission

Tuesday, 9 Jul 2013 02:57pm EDT 

ClubCorp Holdings Inc announced that it has previously submitted a draft registration statement on Form S-1 on a confidential basis, to the Securities and Exchange Commission (the SEC) for a possible initial public offering of shares of its common stock. An affiliate of KSL Capital Partners, LLC is also expected to offer a portion of its shares in ClubCorp. The total number of shares to be offered and the price range for the offering have not been determined. ClubCorp intends to use the net proceeds it receives from the offering to reduce a portion of outstanding indebtedness and for other general corporate purposes. The offering is expected to commence after the SEC completes the review process initiated by ClubCorp's confidential submission of its draft registration statement, subject to market and other conditions. 

Company Quote

30 Oct 2014