Aviation Today Free e-Mail Newsletter Free Aviation Job Alerts
Home Aviation Today's Daily Brief Avionics Aviation Maintenance Rotor & Wing Air Safety Week Aircraft Value News
View by Category:  Military | Commercial | Business & General Aviation | Rotorcraft | Air Traffic Control | Maintenance
Advanced Search


Aviation Today Market Leaders
Subscribe
Jobs
Events
Podcasts
Webinars
Videos
Blogs
Databases &
   Buyer's Guides

White Papers/
   Technical Reports/
   Supplements

Research Reports
Article Archives
Press Releases
From the PR Wires
Industry Links



Top Stories
Aviation e-letter
Financial Center
Calendar
Media Kits
About Us
Contact Us
Twitter

Tuesday, November 21, 2006

Spirit AeroSystems Prices Initial Public Offering at $26.00/share

WICHITA, Kan., Nov. 21 /PRNewswire-FirstCall/ -- Spirit AeroSystems Holdings Inc. (NYSE: SPR) today announced the pricing of the initial public offering of its Class A Common Stock at $26.00 per share. The offering will consist of 55,083,334 shares, of which 10,416,667 shares will be sold by Spirit and 44,666,667 shares will be sold by existing stockholders. The selling stockholders have granted the underwriters a 30-day option to purchase up to 8,262,500 additional shares to cover over-allotments, if any.

The Class A Common Stock will be listed on the New York Stock Exchange under the symbol "SPR" and is expected to begin trading on Tuesday, Nov. 21, 2006.

Credit Suisse Securities (USA) LLC, Goldman, Sachs & Co. and Morgan Stanley & Co. Incorporated are acting as joint book-running managers for the offering.

Copies of the final prospectus relating to the offering, when available, may be obtained from:

     Credit Suisse Prospectus Department, One Madison Avenue, New York, NY
     10010; tel: 1-800-221-1037

     Goldman, Sachs & Co., Attn: Prospectus Dept., 85 Broad Street, New York,
     NY 10004; fax: 1-212-902- 9316, or email at prospectus-ny@ny.email.gs.com

     Morgan Stanley, 180 Varick Street 2/F, New York, NY 10014; tel: 1-866-
     718-1649, or email at prospectus@morganstanley.com

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on Nov. 20, 2006. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Spirit AeroSystems

Spirit AeroSystems is the largest independent non-OEM designer and manufacturer of aerostructures in the world. Headquartered in Wichita, Kan., it began operations in June 2005. In addition to its Kansas facility, Spirit has facilities in Oklahoma and the U.K.


Copyright © 2010 Access Intelligence, LLC. All rights reserved. Reproduction in whole or in part
in any form or medium without express written permission of Access Intelligence, LLC is prohibited.
View Privacy Policy