PGT Innovations prices public offering of common stock

PGT Innovations (NYSE:) its previously announced public offering of 7M shares of common stock at a price of $23.00 per share for expected gross proceeds of ~$161M.

Underwriters over-allotment is an additional 1,050,000 shares.

Net proceeds will be used to repay indebtedness under its existing credit facility and for general corporate purposes.

Closing date is September 18.

Previously: (Sept. 11)

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