Sun Country Airlines Holdings (SNCY) Prices 7.25M Share Upsized Secondary Offering at $34.50/Sh
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Sun Country Airlines Holdings, Inc. Announces Pricing of Upsized Secondary Public Offering of Common Stock
May 19, 2021 10:10 PM EDTMINNEAPOLIS, May 19, 2021 (GLOBE NEWSWIRE) -- Sun Country Airlines Holdings, Inc. (NASDAQ: SNCY) (Sun Country Airlines) today announced the pricing of an upsized secondary public offering of 7,250,000 shares of its common stock by an affiliate of certain investment funds managed by affiliates of Apollo Global Management, Inc. (the Selling Stockholder) at a price to the public of $34.50 per share. The offering is expected to close on May 24, 2021, subject to satisfaction of customary conditions.
The underwriters will have a 30-day option to purchase up to an additional 1,087,500 shares of common stock... More
