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Ply Gem Holdings Inc Announces Launch Of Initial Public Offering

Monday, 13 May 2013 07:14am EDT 

Ply Gem Holdings Inc announced the launch of its initial public offering of 15,789,474 shares of its common stock. The offering is being made pursuant to a registration statement on Form S-1 filed with the Securities and Exchange Commission. The Company expects to grant the underwriters an option to purchase up to an additional 2,368,421 shares of common stock to cover over-allotments, if any. The Company`s common stock has been approved for listing on the New York Stock Exchange under the symbol PGEM. The Company intends to use the net proceeds of the offering to redeem, repurchase or repay a portion of its outstanding indebtedness, to pay transaction fees and other expenses and for general corporate purposes..P. Morgan Securities LLC, Credit Suisse Securities (USA) LLC and Goldman, Sachs & Co. are acting as joint book-running managers and the representatives of the underwriters, UBS Securities LLC and Deutsche Bank Securities Inc. are acting as book-runners, Zelman Partners LLC is acting as senior co-manager and BB&T Capital Markets and Stephens Inc. are acting as co-managers for the offering. 

Company Quote

-0.01 -0.07%
24 Apr 2015