VALENCIA, Calif.–(BUSINESS WIRE)–May. 22, 2013– Wesco Aircraft Holdings, Inc. (?Wesco Aircraft? or the ?Company?) (NYSE: WAIR) today announced the pricing of the previously announced public offering of 15,000,000 shares of common stock by affiliates of The Carlyle Group (?Carlyle?), at a price to the public of $16.00 per share. Upon completion of the offering, Carlyle will beneficially own approximately 41.0% of the outstanding common stock of Wesco Aircraft. In addition, the underwriters have an option to purchase up to 2,250,000 additional shares from Carlyle. The offering is expected to close and settle on May 29, 2013. 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 or, in certain cases, 60 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 the offering.
A shelf registration statement (including a prospectus) relating to the offering of the common stock has previously been filed with the U.S. Securities and Exchange Commission and has become effective. Before investing, you should read the prospectus and other documents filed with the Securities and Exchange Commission for information about Wesco Aircraft and this offering. A copy of the prospectus may be obtained from Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, [email protected], or by telephone at (888) 603-5847 or from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at (866) 803-9204.
This press release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such jurisdiction.