Madison Air Announces $2.25 Bln Private Placement To Fund Ebm-papst Acquisition
(RTTNews) - Madison Air Solutions Corp. (MAIR) has agreed to sell 90.11 million shares of Class A common stock at $24.97 per share in a private placement expected to raise approximately $2.25 billion.
(RTTNews) - Madison Air Solutions Corp. (MAIR) has agreed to sell 90.11 million shares of Class A common stock at $24.97 per share in a private placement expected to raise approximately $2.25 billion.
BELLINGS Intelligence Score: 15
Why it matters
This is a sizable private placement to fund an acquisition, representing notable corporate financing activity but not introducing new market structures or regulatory changes that would broadly affect credit markets.
Sources
Nasdaq
Madison Air Announces $2.25 Bln Private Placement To Fund Ebm-papst Acquisition
(RTTNews) - Madison Air Solutions Corp. (MAIR) has agreed to sell 90.11 million shares of Class A common stock at $24.97 per share in a private placement expected to raise approximately $2.25 billion.