Compass Diversified (CODI) Announces 500K Common Share Offering

Compass Diversified Holdings (NYSE: CODI) announced today that it has commenced a public offering of 5,000,000 common shares, with a 30-day option for the underwriters to purchase up to an additional 750,000 common shares. Net proceeds from the offering will be used to repay a portion of the outstanding balance of the Company’s revolving credit facility.

Morgan Stanley, BofA Securities, UBS Investment Bank and RBC Capital Markets are acting as joint book-running managers for this offering.

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