FMSA Holdings Inc. (FMSA) Q3 Prelim. Revenue Tops Views

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FMSA Holdings Inc. (FMSA) Prices Larger 30.25M Common Stock Offering for Proceeds of ~$286M

October 20, 2016 5:58 AM EDT

Fairmount Santrol (NYSE: FMSA) announced the pricing of its underwritten public offering of 30,250,000 shares of Fairmount Santrol common stock, upsized from 28,000,000 shares of common stock, for total gross proceeds of approximately $285.9 million before deducting underwriting commissions and estimated offering expenses. The underwriter will be granted a 30-day option to purchase up to an additional 4,537,500 shares of common stock. The underwriter may offer the shares from time to time in one or more... More