Twin Disc intends to use the net proceeds from the offering to pay down existing indebtedness, which will make available other Company resources for general corporate and working capital purposes, including potentially funding future acquisitions. There can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
Baird is acting as sole active book-running manager for the offering. Oppenheimer & Co. Inc. is acting as joint book-running manager for the offering.
The offering is being made pursuant to an effective shelf registration statement on Form S-3 (No. 333-227130) that was initially filed with the Securities and Exchange Commission (“SEC”) on August 31, 2018. A preliminary prospectus supplement relating to the offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov.
Twin Disc
www.twindisc.com