Zürcher Nachrichten - Loar Announces Pricing of Secondary Public Offering

EUR -
AED 4.184829
AFN 71.778596
ALL 94.713473
AMD 419.412877
ANG 2.039871
AOA 1044.771654
ARS 1684.037898
AUD 1.65217
AWG 2.052229
AZN 1.941395
BAM 1.954275
BBD 2.295209
BDT 140.170644
BGN 1.926481
BHD 0.429577
BIF 3389.525002
BMD 1.139336
BND 1.47455
BOB 7.875167
BRL 5.909969
BSD 1.139611
BTN 106.961675
BWP 15.487597
BYN 3.305121
BYR 22330.988246
BZD 2.291872
CAD 1.617003
CDF 2583.449152
CHF 0.922361
CLF 0.026741
CLP 1052.462206
CNY 7.745378
CNH 7.752824
COP 3933.97956
CRC 517.396348
CUC 1.139336
CUP 30.192408
CVE 110.914822
CZK 24.277777
DJF 202.483266
DKK 7.480088
DOP 67.648129
DZD 151.960142
EGP 56.43136
ERN 17.090042
ETB 180.756124
FJD 2.576894
FKP 0.862156
GBP 0.863068
GEL 3.01359
GGP 0.862156
GHS 12.817976
GIP 0.862156
GMD 83.171943
GNF 10003.37167
GTQ 8.694217
GYD 238.503349
HKD 8.935757
HNL 30.443504
HRK 7.540017
HTG 148.9438
HUF 354.163079
IDR 20319.889067
ILS 3.420345
IMP 0.862156
INR 107.373829
IQD 1492.530337
IRR 1566644.152835
ISK 144.115067
JEP 0.862156
JMD 179.479977
JOD 0.807834
JPY 184.272854
KES 147.487501
KGS 99.635383
KHR 4568.738301
KMF 494.472282
KPW 1025.40292
KRW 1749.154845
KWD 0.352773
KYD 0.949701
KZT 552.928627
LAK 25139.452216
LBP 102027.551287
LKR 383.077949
LRD 207.644445
LSL 18.902021
LTL 3.364164
LVL 0.689173
LYD 7.297492
MAD 10.727424
MDL 20.206123
MGA 4813.695565
MKD 61.682975
MMK 2391.979433
MNT 4079.099526
MOP 9.205882
MRU 45.65363
MUR 54.380945
MVR 17.603174
MWK 1979.027259
MXN 19.943058
MYR 4.65765
MZN 72.807828
NAD 18.902016
NGN 1567.875065
NIO 41.711525
NOK 11.31707
NPR 171.141482
NZD 2.017953
OMR 0.438641
PAB 1.139661
PEN 3.898852
PGK 4.993996
PHP 69.855021
PKR 316.792839
PLN 4.291823
PYG 6955.543036
QAR 4.152924
RON 5.244483
RSD 117.477374
RUB 89.906115
RWF 1670.266774
SAR 4.278251
SBD 9.173881
SCR 14.7775
SDG 683.602068
SEK 11.094411
SGD 1.474647
SHP 0.850629
SLE 28.259714
SLL 23891.313258
SOS 651.134774
SRD 42.70578
STD 23581.957684
STN 25.065395
SVC 9.971177
SYP 125.933213
SZL 18.902007
THB 37.947303
TJS 10.547288
TMT 3.987676
TND 3.346804
TOP 2.743248
TRY 53.103436
TTD 7.744822
TWD 36.299026
TZS 2996.451799
UAH 51.151345
UGX 4182.626747
USD 1.139336
UYU 45.746318
UZS 13689.124042
VES 707.246307
VND 29964.540351
VUV 136.6644
WST 3.173617
XAF 655.445647
XAG 0.019435
XAU 0.00028
XCD 3.079113
XCG 2.053798
XDR 0.816281
XOF 652.839983
XPF 119.331742
YER 271.874128
ZAR 19.434192
ZMK 10255.396502
ZMW 20.528345
ZWL 366.865771
  • RBGPF

    0.0000

    61.3

    0%

  • CMSC

    -0.1160

    21.93

    -0.53%

  • RYCEF

    0.7000

    18.7

    +3.74%

  • NGG

    -0.4100

    83.01

    -0.49%

  • BTI

    0.2800

    62.76

    +0.45%

  • RIO

    -1.3700

    93.74

    -1.46%

  • GSK

    0.6100

    52.5

    +1.16%

  • RELX

    0.4200

    31.34

    +1.34%

  • BCE

    -0.2800

    22.92

    -1.22%

  • BCC

    1.2600

    81.02

    +1.56%

  • AZN

    2.7300

    188.41

    +1.45%

  • CMSD

    -0.1600

    21.77

    -0.73%

  • JRI

    0.2100

    12.79

    +1.64%

  • VOD

    0.0300

    13.89

    +0.22%

  • BP

    -0.5900

    37.13

    -1.59%

Loar Announces Pricing of Secondary Public Offering
Loar Announces Pricing of Secondary Public Offering

Loar Announces Pricing of Secondary Public Offering

WHITE PLAINS, NY / ACCESS Newswire / May 14, 2025 / Loar Holdings Inc. (NYSE:LOAR) ("Loar") announced today the pricing of a secondary underwritten public offering of 9,000,000 shares of its common stock by certain of its stockholders at $83.41 per share. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,350,000 shares of common stock at the public offering price, less underwriting discounts and commissions. The offering is expected to close on May 16, 2025, subject to customary closing conditions.

Text size:

The selling stockholders will receive all of the proceeds from this offering. Loar is not selling any shares of common stock in this offering and will not receive any proceeds from this offering.

Jefferies and Morgan Stanley are acting as lead book runners for the offering. Moelis & Company, Citigroup and RBC Capital Markets are additionally acting as book runners. Blackstone is acting as co-manager.

An automatic shelf registration statement (including a base prospectus) relating to this offering of common stock was filed by Loar with the Securities and Exchange Commission (the "SEC") on May 1, 2025 and became effective upon filing. The proposed offering of these shares will be made only by means of a prospectus supplement and accompanying base prospectus related to the offering filed with the SEC. A copy of the preliminary prospectus supplement and accompanying base prospectus may be obtained by contacting Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY 10022, by telephone at (877) 821-7388 or by email at [email protected]; and Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Loar

Loar Holdings Inc. is a diversified manufacturer and supplier of niche aerospace and defense components that are essential for today's aircraft and aerospace and defense systems. Loar has established relationships across leading aerospace and defense original equipment manufacturers and Tier Ones worldwide.

Forward-Looking Statements

This press release contains forward-looking statements, including statements regarding the public offering. These statements are not historical facts but rather are based on Loar's current expectations and projections regarding its business, operations and other factors relating thereto. Words such as "may," "will," "could," "would," "should," "anticipate," "predict," "potential," "continue," "expects," "intends," "plans," "projects," "believes," "estimates" and similar expressions are used to identify these forward-looking statements. Such forward-looking statements include, but are not limited to, statements relating to the proposed public offering, including the completion, size and timing of such offering. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, uncertainties related to market conditions, volatility in the price of Loar's common stock, and other factors relating to Loar's business described in the prospectus included in Loar's Registration Statement on Form S-3, as it may be amended from time to time, and a related preliminary prospectus supplement related to the offering filed with the SEC, including Loar's latest Annual Report on Form 10-K, including under the caption "Risk Factors," and Loar's subsequent filings with the SEC, incorporated by reference therein. Any forward-looking statement in this press release speaks only as of the date of this release. Loar undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable laws.

Contact:

Ian McKillop
Loar Holdings Investor Relations
[email protected]

SOURCE: Loar Group Inc.



View the original press release on ACCESS Newswire

A.Wyss--NZN