Home Jurisdiction Core & Main announces the price of its secondary offer

Core & Main announces the price of its secondary offer



ST. LOUIS – (COMMERCIAL THREAD) –Core & Main, Inc. (NYSE: CNM), a leading specialty distributor of water, wastewater, stormwater drainage and fire protection products, and related services, announced pricing for its secondary public offering Previously announced subscription of 20,000,000 Class A common shares by certain selling shareholders at a public offering price of $ 26.00 per share. The selling shareholders have granted the underwriters a 30-day option to purchase up to 3,000,000 additional shares of the Class A common shares of Core & Main. Core & Main will not receive any product from the offer. The offering is expected to close on January 10, 2022, subject to customary closing conditions.

Goldman Sachs & Co. LLC, Credit Suisse and JP Morgan are acting as principal bookkeepers for the offering. BofA Securities, Baird, Citigroup, RBC Capital Markets, Barclays and Deutsche Bank Securities act as additional bookkeepers.

A registration statement relating to these securities was declared effective by the United States Securities and Exchange Commission on January 5, 2022. The offering is being made only by way of prospectus. Copies of the final prospectus, when available, can be obtained from:

  • Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, Telephone: 1-866-471-2526, Fax: 212-902-9316, or by sending an e-mail to Prospectus -ny @ ny. email.gs.com;

  • Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, 6933 Louis Stephens Drive, Morrisville, North Carolina 27560, phone: 1-800-221-1037, or by sending an email to usa.prospectus@credit-suisse. com; Where

  • JP Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by phone at 1-866-803-9204.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, and there will be no sale of such securities in any state or jurisdiction in which such an offer, solicitation or sale would be illegal prior to registration or qualification. under the securities laws of any such state or jurisdiction. Any offer, solicitation or offer to buy, or sale of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.

About Core & Main

Based in St. Louis, Core & Main is a leading specialty distributor of water, wastewater, stormwater and fire protection products, and related services, to municipalities, to private water companies and professional contractors in municipal, non-residential and residential end markets nationwide. . With around 300 locations, the company offers its customers local expertise supported by a national supply chain. Core & Main’s 3,700 associates are committed to helping their communities thrive with safe and sustainable infrastructure.

Caution regarding forward-looking statements

This press release contains statements that constitute “forward-looking statements”, particularly with respect to the proposed offer. No guarantee can be given that the offer discussed above will be carried out under the conditions described, or not at all. Forward-looking statements are subject to numerous conditions, many of which are beyond Core & Main’s control, including those set out in the Risk Factors section of the offering registration statement and the preliminary prospectus included therein, such as: than filed with the SEC. . Copies are available on the SEC’s website at www.sec.gov.

Core & Main assumes no obligation to update these statements for revisions or changes after the date of this press release, except as required by law.