PreferredStockChannel
Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Sat, April 1, 4:02 PM
| This Slide: #166 of 609 |
Slide #166. Energizer Holdings, Inc. — Preferred Stock Offering
Company:
Energizer Holdings, Inc. (NYSE:ENR)
Date announced:
1/14/2019
Shares Offered:
4,076,086
Date of Pricing:
1/15/2019
Price Per Share:
$46.00
Preferred Stock Offering Details:
Energizer Holdings, Inc. (NYSE: ENR) (the "Company") today announced that the Company has commenced concurrent offerings of $187.5 million of shares of common stock (the "Common Stock Offering") and $187.5 million of shares of Series A Mandatory Convertible Preferred Stock (the "Mandatory Preferred Offering", and together with the Common Stock Offering, the "Offerings"). The Company is conducting the Offerings pursuant to an effective registration statement under the Securities Act of 1933. The Company expects to grant the respective underwriters a 30-day option to purchase up to an additional $28.125 million of shares of its common stock, and up to an additional $28.125 million of shares of its mandatory convertible preferred stock. -updated 1/15- Energizer Holdings, Inc. (NYSE: ENR) (the "Company"), today announced that the Company has priced concurrent offerings of 4,076,086 shares of common stock at a price to the public of $46.00 per share (the "Common Stock Offering") and 1,875,000 shares of 7.50% Series A Mandatory Convertible Preferred Stock at a price to the public of $100.00 per share (the "Mandatory Preferred Offering," and together with the Common Stock Offering, the "Offerings"). The Company is conducting the Offerings pursuant to an effective registration statement under the Securities Act of 1933. The underwriters have a 30-day option to purchase up to an additional 611,412 shares of its common stock and up to an additional 281,250 shares of its mandatory convertible preferred stock. The Offerings are scheduled to be completed on January 18, 2019, subject to customary closing conditions.
Energizer Holdings is a manufacturer, marketer and distributor of household batteries including primary, rechargeable, specialty and hearing aid using several technologies including lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide. In addition, Co. provides auto care products in the appearance, fragrance, performance, and air conditioning recharge product categories. The appearance and fragrance categories include protectants, wipes, tire and wheel care products, glass cleaners, leather care products, air fresheners and washes designed to clean, shine, refresh, disinfect and protect interior and exterior automobile surfaces.
Preferred: ENR.PRA
Open the ENR Page at Preferred Stock Channel »
|
|||||||||||||||||||||
|
|
Open the ENR Page at Preferred Stock Channel (in a new window) »
 Free ENR Email Alerts:
Get Dividend Alerts 
Get SEC Filing Alerts
|
Avg. Broker Rec.
  
|
Buy (2.57 out of 4) 14th percentile
(ranked lower than approx. 86% of all stocks covered)
Based on data provided by Zacks Investment Research via Quandl.com |
|
|
