Wesco Aircraft Holdings announced the commencement of a public offering of 6,000,000 shares of its common stock by an affiliate of The Carlyle Group. In addition, the underwriter will have a 30-day option to purchase up to 900,000 additional shares from Carlyle. Upon completion of the offering, Carlyle will beneficially own approximately 24.1% of the outstanding common stock of Wesco Aircraft, or approximately 23.1% if the underwriter fully exercises its option to purchase additional shares. Wesco Aircraft 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.
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Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada