Loar Holdings Inc. (NYSE: LOAR) has announced the pricing of a secondary underwritten public offering of 9,000,000 shares of its common stock at $83.41 per share. The shares are being sold by certain stockholders, and Loar itself will not receive any proceeds from this offering. The underwriters have a 30-day option to purchase an additional 1,350,000 shares at the public offering price. Jefferies and Morgan Stanley are leading the offering as book runners, with Moelis & Company, Citigroup, and RBC Capital Markets also acting as book runners, and Blackstone serving as co-manager. The offering is expected to close on May 16, 2025, subject to customary closing conditions.
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