Milacron Holdings Corp. (NYSE:MCRN) (the “Company”), a leading industrial technology company serving the plastic processing industry, today announced the pricing of a public offering of 12,000,000 shares of its common stock by certain selling stockholders at a public offering price of $16.25 per share. In addition, certain of the selling stockholders have granted the underwriters of the secondary offering a 30-day option to purchase up to an additional 1,800,000 shares of the Company’s common stock. The offering is expected to close on February 6, 2017, subject to customary closing conditions.
The Company is not selling any shares of common stock in the offering. The Company will not receive any proceeds from the sale of common stock by the selling stockholders.
BofA Merrill Lynch, Barclays, and J.P. Morgan are acting as lead book-running managers for the offering. Baird, Credit Suisse, and Goldman, Sachs & Co. are acting as book-running managers for the offering. KeyBanc Capital Markets and William Blair are acting as co-managers for the offering.
A registration statement related to the offering of common stock was declared effective on January 31, 2017 by the Securities and Exchange Commission. The offering of common stock will be made only by means of a prospectus forming a part of the effective registration statement. A final prospectus describing the terms of the offering will be filed with the Securities and Exchange Commission and will be available on the Securities and Exchange Commission’s website at www.sec.gov. When available, a copy of the final prospectus related to the offering may be obtained from BofA Merrill Lynch, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte, NC 28255-0001, Attn: Prospectus Department, or by emailing dg.prospectus_requests@baml.com, from Barclays, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by emailing Barclaysprospectus@broadridge.com, or by calling (888) 603-5847, or by contacting J.P. Morgan, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717.
