Moog Inc. Announces Offering of Class A Common Stock
29 September 2009 - 7:15AM
PR Newswire (US)
EAST AURORA, N.Y., Sept. 28 /PRNewswire-FirstCall/ -- Moog Inc.
(NYSE: MOG.ANYSE:andNYSE:MOG.B) today announced a public offering
of 2.5 million newly issued shares of Class A common stock. Moog
expects to use the net proceeds from the offering to repay a
portion of the indebtedness recently incurred under Moog's
revolving bank credit facility to acquire GE Aviation Systems'
flight control actuation business located in Wolverhampton, U.K.
All of the shares are being offered by Moog pursuant to a
prospectus supplement under Moog's effective shelf registration
statement. Cowen and Company is acting as the lead manager for the
offering. Moog intends to grant Cowen and Company a 30-day option
to purchase up to an additional 375,000 shares of Class A common
stock to cover over-allotments, if any. This press release does not
constitute an offer to sell or the solicitation of an offer to buy
nor will there be any sale of these securities in any state in
which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state. A preliminary prospectus supplement and accompanying
prospectus related to the offering have been filed with the U.S.
Securities and Exchange Commission and are available on its
website, http://www.sec.gov/. Copies of the preliminary prospectus
can be obtained by eligible investors from their Cowen and Company,
LLC sales representative, or from the offices of Cowen and Company,
LLC c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, NY 11717, Attn: Prospectus Department. Phone (631)
274-2806 / Fax (631) 254-7140. Moog Inc. is a worldwide designer,
manufacturer, and integrator of precision control components and
systems. Moog's high-performance systems control military and
commercial aircraft, satellites and space vehicles, launch
vehicles, missiles, automated industrial machinery, wind energy,
marine and medical equipment. DATASOURCE: Moog Inc. CONTACT: Ann
Marie Luhr, +1-716-687-4225 Web Site: http://www.moog.com/
Copyright