Moog Inc. Announces Closing of Sale of 2,675,000 Shares of Class A Common Stock
02 Outubro 2009 - 4:12PM
PR Newswire (US)
EAST AURORA, N.Y., Oct. 2 /PRNewswire-FirstCall/ -- Moog Inc.
(NYSE:MOG.A andNYSE:MOG.B) today announced that it has closed its
public offering and sale of 2,675,000 shares of Class A common
stock (which number of shares includes 175,000 shares sold to the
underwriters' pursuant to the exercise in part of their
over-allotment option) at a price of $29.50 per share. Net proceeds
to Moog from the offering were approximately $75 million. Moog will
use the net proceeds from this offering to repay a portion of the
indebtedness recently incurred under its revolving bank credit
facility to acquire GE Aviation Systems' flight control actuation
business. All of the shares were offered by Moog pursuant to a
prospectus supplement under Moog's existing shelf-registration
statement. Cowen and Company, LLC acted as the lead manager for the
offering. This press release does not constitute an offer to sell
or the solicitation of an offer to buy nor will there be any sale
of these securities in any state in which such offer, solicitation
or sale would be unlawful prior to registration or qualification
under the securities laws of any such state. A final prospectus
supplement and accompanying prospectus related to the offering have
been filed with the U.S. Securities and Exchange Commission and are
available on its website, http://www.sec.gov/. A copy of the final
prospectus can be obtained by eligible investors from their Cowen
and Company, LLC sales representative or from the offices of Cowen
and Company, LLC c/o Broadridge Financial Solutions, 1155 Long
Island Avenue, Edgewood, NY 11717, Attn: Prospectus Department.
Phone (631) 274-2806 / Fax (631) 254-7140. Moog Inc. is a worldwide
designer, manufacturer, and integrator of precision control
components and systems. Moog's high-performance systems control
military and commercial aircraft, satellites and space vehicles,
launch vehicles, missiles, automated industrial machinery, wind
energy, marine and medical equipment. DATASOURCE: Moog Inc.
CONTACT: Ann Marie Luhr, Moog Inc., +1-716-687-4225 Web Site:
http://www.moog.com/
Copyright