The Online Investor
OLI Premium
Retiree Portfolio
Stock Option Ideas
Preferred Stock List
ChartZero.com
ChartZero

Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Sat., Aug. 29, 12:51 PM

Slide #23. Axalta Coating Systems Ltd. Secondary Offering

Company: Axalta Coating Systems Ltd. (NYSE:AXTA)
Date announced: 8/10/2015
Shares Offered: 30,000,000
Date of Pricing: 8/11/2015
Price Per Share: $29.75
Secondary Offering Details: Axalta Coating Systems Ltd. (NYSE:AXTA) has commenced a secondary offering of 30,000,000 common shares. The shares will be offered by certain affiliates of The Carlyle Group (the "selling shareholders"). The offering is being made pursuant to a registration statement on Form S-1 previously filed with the U.S. Securities and Exchange Commission. The selling shareholders have also granted the underwriters a 30-day option to purchase up to an additional 4,500,000 common shares. Axalta will not receive any of the proceeds from the offering of shares by the selling shareholders. -updated 8/12 - Axalta Coating Systems Ltd. (NYSE:AXTA) has priced a secondary offering of 30,000,000 of its common shares at $29.75 per share. All of the shares are being offered by certain affiliates of The Carlyle Group (the "selling shareholders"). The selling shareholders have also granted the underwriters a 30-day option to purchase up to an additional 4,500,000 common shares. Axalta will not receive any proceeds from the offering, including from any exercise by the underwriters of their option to purchase additional common shares.

Axalta Coating System is a holding company. Through its subsdiaries, Co. is a manufacturer, marketer and distributor of coatings products. Co.'s business is organized into two segments: Performance Coatings and Transportation Coatings. Through its Performance Coatings segment, Co. provides liquid and powder coatings solutions to a fragmented and local customer base. The end-markets within this segment are refinish and industrial. The industrial end-market is comprised of liquid and powder coatings used in a range of end-market applications. Through its Transportation Coatings segment, Co. provides coating technologies to original equipment manufacturers of light and commercial vehicles.
Open the AXTA Page at The Online Investor »

Company Name:  Axalta Coating Systems Ltd
Website:  www.axaltacoatingsystems.com
Sector:  Air Services Other
Number of ETFs Holding AXTA:  21
Total Market Value Held by ETFs:  $32.52M
Total Market Capitalization:  $6.67B
% of Market Cap. Held by ETFs:  0.49%
 

Open the AXTA Page at The Online Investor (in a new window) »

August 29, 2015    12:51 PM Eastern
Quotes delayed 20 minutes



Buy (3.25 out of 4)
58th percentile
(ranked higher than approx. 58% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Secondary Stock Offerings | www.TheOnlineInvestor.com | Copyright © 1998 - 2015, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.