LOGO
LOGO

Quick Facts

Wesco Aircraft Announces Sale Of Common Stock By Carlyle

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Wesco Aircraft Holdings Inc. (WAIR) Monday announced the commencement of a public offering of 15 million common shares by affiliates of The Carlyle Group (CG).

In addition, the underwriters will have an option to purchase up to 2.25 million additional shares from Carlyle.

Upon completion of the offering, Carlyle will beneficially own about 41.0% of the outstanding common stock of Wesco Aircraft (or about 38.6% if the underwriters fully exercise their option to purchase additional shares).

Carlyle and the directors and officers of the company have entered into lock-up agreements placing certain restrictions on their sale or transfer of shares of common stock for a period of 75 days from the date of the offering.

The company is not selling any shares of common stock in the offering and will not receive any of the proceeds from the offering of shares by Carlyle.

Barclays Capital Inc., J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Morgan Stanley & Co. LLC and William Blair & Company, L.L.C. are acting as joint book-running managers and Barclays Capital Inc. and J.P. Morgan Securities LLC are serving as representatives of the several underwriters.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19