Reuters logo
CORRECTED-BRIEF-Catalent sees IPO of 42.5 mln shares priced between $19-$22/shr
July 18, 2014 / 1:01 PM / 3 years ago

CORRECTED-BRIEF-Catalent sees IPO of 42.5 mln shares priced between $19-$22/shr

(Corrects source text link)

July 18 (Reuters) - July 18 (Reuters) - Catalent Inc IPO-CTLT.N: * Sees IPO of 42.5 million shares priced to be between $19.00 and $22.00 per share - SEC filing * Intend to use IPO net proceeds to pay termination fee equal to about $29.8 million to blackstone and certain of other existing owners * To use IPO net proceeds to redeem outstanding $297.1 million aggregate principal amount of 9 3/4% senior subordinated notes due 2017 * To use IPO net proceeds to redeem outstanding $350.0 million aggregate principal amount of 7 7/8% senior notes due 2018 * To use remaining proceeds to repay $112.6 million of $275.0 million aggregate principal amount outstanding under senior unsecured term loan facility

* Source text: 1.usa.gov/UeVMWc * Further company coverage (Reporting By Narottam Medhora in Bangalore)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below