Bellring brands announces secondary equity offering of 10,808,473 shares of common stock held by post

St. louis, aug. 08, 2022 (globe newswire) -- bellring brands, inc. (nyse: brbr) (“bellring”) today announced an underwritten offering of 10,808,473 shares of its common stock currently owned by post holdings, inc. (“post”), bellring's former parent company. post expects to exchange such shares of our common stock for certain indebtedness of post held by j.p. morgan securities llc, barclays bank plc, citicorp north america, inc., goldman sachs lending partners llc and morgan stanley & co. llc (collectively, the “selling stockholders”) prior to the closing of the offering. the selling stockholders then expect to sell such shares of common stock to the underwriters in the offering. bellring is not selling any shares of its common stock and will not receive any proceeds from the sale of the shares in the offering.
BRBR Ratings Summary
BRBR Quant Ranking