Colfax Announces Pricing of Tangible Equity Unit Offering

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Jan 09, 2019
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ANNAPOLIS JUNCTION, MD, Jan. 08, 2019 (GLOBE NEWSWIRE) -- Colfax Corporation (NYSE: CFX) (“Colfax”), a leading diversified technology company, today announced that it has priced its previously announced public offering of 4 million of its 5.75% tangible equity units at $100 per unit (equal to the stated amount per unit). The tangible equity unit offering is made by means of a prospectus supplement under Colfax’s effective shelf registration statement. Colfax’s common stock is listed on the New York Stock Exchange under the symbol “CFX,” and CFX intends to apply to list the tangible equity units on the New York Stock Exchange under the symbol “CFXA.” Colfax anticipates the offering will close on January 11, 2019, subject to customary closing conditions. Colfax has granted the underwriters a 13-day option to purchase up to an additional 600,000 tangible equity units.