Berliner Boersenzeitung - Loar Announces Launch of Secondary Public Offering

EUR -
AED 4.18137
AFN 79.365271
ALL 98.305621
AMD 437.049312
ANG 2.037663
AOA 1044.632991
ARS 1348.349499
AUD 1.76134
AWG 2.050837
AZN 1.946214
BAM 1.95463
BBD 2.303775
BDT 139.188105
BGN 1.957862
BHD 0.429194
BIF 3396.54931
BMD 1.138563
BND 1.47018
BOB 7.871218
BRL 6.419111
BSD 1.141026
BTN 97.756031
BWP 15.316456
BYN 3.734112
BYR 22315.84052
BZD 2.291963
CAD 1.561739
CDF 3261.983925
CHF 0.937009
CLF 0.027893
CLP 1070.375039
CNY 8.20255
CNH 8.187534
COP 4697.564129
CRC 580.824047
CUC 1.138563
CUP 30.171927
CVE 110.194666
CZK 24.885241
DJF 203.188309
DKK 7.45866
DOP 67.372386
DZD 149.889003
EGP 56.555166
ERN 17.078449
ETB 155.793487
FJD 2.566099
FKP 0.840412
GBP 0.841444
GEL 3.119392
GGP 0.840412
GHS 11.652921
GIP 0.840412
GMD 81.976231
GNF 9889.625582
GTQ 8.748224
GYD 238.315217
HKD 8.932422
HNL 29.728941
HRK 7.536377
HTG 149.370486
HUF 403.608994
IDR 18604.522685
ILS 4.00612
IMP 0.840412
INR 97.585406
IQD 1492.20655
IRR 47961.979308
ISK 144.586189
JEP 0.840412
JMD 182.00555
JOD 0.807195
JPY 163.885367
KES 147.15955
KGS 99.567383
KHR 4575.916443
KMF 494.70498
KPW 1024.636893
KRW 1565.308153
KWD 0.349255
KYD 0.949219
KZT 583.415559
LAK 24644.478448
LBP 102234.842858
LKR 340.97488
LRD 227.634574
LSL 20.436257
LTL 3.361882
LVL 0.688705
LYD 6.211674
MAD 10.474614
MDL 19.625086
MGA 5185.571466
MKD 61.53842
MMK 2390.299815
MNT 4073.1274
MOP 9.205108
MRU 45.10346
MUR 51.520236
MVR 17.602113
MWK 1978.525762
MXN 21.900743
MYR 4.844551
MZN 72.765653
NAD 20.402084
NGN 1801.49169
NIO 41.98511
NOK 11.538781
NPR 156.41005
NZD 1.896689
OMR 0.437779
PAB 1.139108
PEN 4.124158
PGK 4.688037
PHP 63.420971
PKR 322.963898
PLN 4.273714
PYG 9116.79524
QAR 4.153349
RON 5.057154
RSD 117.216245
RUB 89.919186
RWF 1614.434576
SAR 4.270419
SBD 9.507877
SCR 16.489216
SDG 683.711802
SEK 10.946717
SGD 1.467625
SHP 0.894732
SLE 25.86781
SLL 23875.103191
SOS 652.100628
SRD 42.294783
STD 23565.96139
SVC 9.966639
SYP 14803.389283
SZL 20.426947
THB 37.140056
TJS 11.277049
TMT 3.990664
TND 3.39077
TOP 2.666629
TRY 44.574235
TTD 7.729304
TWD 34.14212
TZS 3064.615011
UAH 47.392219
UGX 4148.5161
USD 1.138563
UYU 47.489689
UZS 14619.668738
VES 107.988772
VND 29665.266568
VUV 137.580688
WST 3.144339
XAF 656.662529
XAG 0.03296
XAU 0.000339
XCD 3.077024
XDR 0.816677
XOF 656.662529
XPF 119.331742
YER 277.638467
ZAR 20.328638
ZMK 10248.431601
ZMW 30.635916
ZWL 366.616915
  • CMSC

    0.0500

    22.12

    +0.23%

  • NGG

    -0.6000

    71.33

    -0.84%

  • RYCEF

    0.1550

    12.035

    +1.29%

  • RBGPF

    -1.5000

    67.5

    -2.22%

  • AZN

    -0.1100

    71.82

    -0.15%

  • BTI

    0.9500

    46.34

    +2.05%

  • GSK

    -1.1950

    40.46

    -2.95%

  • BP

    -0.0050

    29.56

    -0.02%

  • RELX

    -0.5200

    54.06

    -0.96%

  • RIO

    -0.7300

    58.85

    -1.24%

  • CMSD

    0.0939

    22.16

    +0.42%

  • JRI

    0.0440

    12.96

    +0.34%

  • SCS

    0.3300

    10.52

    +3.14%

  • VOD

    -0.1000

    10.3

    -0.97%

  • BCC

    2.5000

    87.6

    +2.85%

  • BCE

    -0.3400

    21.94

    -1.55%

Loar Announces Launch of Secondary Public Offering
Loar Announces Launch of Secondary Public Offering

Loar Announces Launch of Secondary Public Offering

WHITE PLAINS, NY / ACCESS Newswire / May 13, 2025 / Loar Holdings Inc. (NYSE:LOAR) ("Loar") announced today the launch of a secondary underwritten public offering of 9,000,000 shares of its common stock by certain of its stockholders. In addition, such selling stockholders expect to grant the underwriters a 30-day option to purchase up to 1,350,000 additional shares of common stock at the public offering price, less underwriting discounts and commissions.

Text size:

Such 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 proposed offering. 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 prospectus_department@jefferies.com; 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, 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. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

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 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
IR@loargroup.com

SOURCE: Loar Group Inc.



View the original press release on ACCESS Newswire

(O.Joost--BBZ)