TriMas Corp. Announces Public Stock Offering
TriMas Corp., parent to Cequent Performance Products, today (May 2) announced that it is commencing an offering of 4 million shares of its common stock in a public offering.
The underwriters will have a 30-day option from the date of the offering to purchase up to an additional 600,000 shares from TriMas. TriMas expects to use its proceeds from the sale of the common stock for general corporate purposes.
Deutsche Bank Securities and Goldman, Sachs & Co. are acting as the joint book runners for the offering.