Hayes Lemmerz announces primary offering of 5.45 million shares
Jan 23, 2004 12:00 PM
Hayes Lemmerz International, Inc. announced today a primary offering of approximately 5.45 million shares of its common stock and a secondary offering of approximately 5.35 million shares of its common stock. In addition, Hayes Lemmerz has granted the underwriters an option to purchase approximately 1.62 million additional shares to cover over-allotments. The secondary offering is for shares owned by AP Wheels, LLC, an affiliate of Apollo Management V, L.P. Lehman Brothers and Merrill Lynch & Co. are the managing underwriters and joint bookrunners for the offering and Citigroup Global Markets Inc., Lazard Freres & Co. LLC and UBS Securities LLC will serve as co-managers.
