Brief: Sun Country Airlines Announces Launch Of Secondary Public Offering Of Common Stock

Sun Country Airlines Holdings

11/12/2023 22:32

Dec 11 (Reuters) - Sun Country Airlines Holdings Inc
 SNCY.O :
    * SUN COUNTRY AIRLINES HOLDINGS, INC. ANNOUNCES LAUNCH OF
SECONDARY PUBLIC OFFERING OF COMMON STOCK AND CONCURRENT SHARE
REPURCHASE
    * SUN COUNTRY AIRLINES: COMMENCEMENT OF PROPOSED SECONDARY
PUBLIC
OFFERING OF 4 MILLION SHARES OF COMMON STOCK BY SELLING
STOCKHOLDER
    * SUN COUNTRY AIRLINES HOLDINGS - SELLING STOCKHOLDER IS
AFFILIATE
OF CERTAIN INVESTMENT FUNDS MANAGED BY AFFILIATES OF APOLLO
GLOBAL MANAGEMENT
    * SUN COUNTRY AIRLINES HOLDINGS INC - HAS AUTHORIZED
PURCHASE FROM
UNDERWRITERS OF APPROXIMATELY $5 MILLION OF SHARES OF COMMON
STOCK
    * SUN COUNTRY AIRLINES HOLDINGS INC - PLANS TO FUND
CONCURRENT
SHARE REPURCHASE FROM EXISTING CASH ON HAND

Source text for Eikon:  ID:nGNX3MjvVQ 
Further company coverage:  SNCY.O 

 ((Reuters.Briefs@thomsonreuters.com;))