Cahill Represents the Underwriters in the Partial Exercise of their Over-Allotment Option for an additional 200,000 shares of Forterra, Inc.’s Common Stock
Date: 10/13/20
Cahill represented the underwriters in connection with the partial exercise of their over-allotment option for an additional 200,000 shares of Forterra, Inc.’s common stock by Forterra US Holdings, LLC. The partial exercise of the optional shares, together with the net proceeds from the secondary offering of firm shares, resulted in total net proceeds of approximately $137.5 million to the selling stockholder. Forterra is a leading manufacturer of water and drainage pipe and products in the U.S. and Eastern Canada for a variety of water-related infrastructure applications, including water transmission, distribution, drainage and stormwater systems.