Media Contact:
Julie Cohen
Director of Marketing and Communications
Phone: 212.701.3614
Fax: 212.378.2410
jcohen@cahill.com

Firm News

Cahill Represents Underwriters in Primary Common Stock Offering by Catalent, Inc.

Date: 02/06/20

Cahill represented the underwriters in connection with a primary offering by Catalent, Inc. (NYSE: CTLT) (“Catalent”) of 8,445,946 shares of its common stock, which resulted in gross proceeds of approximately $500 million, before deducting estimated offering expenses. The underwriters agreed to purchase the common stock at $58.58 per share, and the shares are listed on the NYSE. In connection with this offering, Catalent also granted an option to the underwriters, exercisable for 30 days thereafter, to purchase up to 1,266,891 shares of common stock. Proceeds from the offering are expected to be used to fund an acquisition by Catalent, for other general corporate purposes, and to pay related fees and expenses.

Media Contact:
Julie Cohen
Director of Marketing and Communications
Phone: 212.701.3614
Fax: 212.378.2410
jcohen@cahill.com