Sun Country Airlines Holdings (SNCY) has announced the launch of an 8 million share secondary public offering of common stock

Sun Country Airlines Holdings (SNCY) has announced the launch of an 8 million share secondary public offering of common stock

Sun Country Airlines Holdings, Inc. (NASDAQ: SNCY) (“Sun Country Airlines”) announced today the start of a proposed secondary public offering of 8,000,000 shares of common stock by certain of its existing owners (the “Selling Stockholders”).

The underwriters will have a 30-day option to purchase up to 1,200,000 additional shares of common stock from the Selling Stockholders. Sun Country Airlines will not get any money from the proposed offering because it is not selling any shares.

The planned offering’s joint primary bookrunners are Barclays and Morgan Stanley. The proposed offering is co-managed by Apollo Global Securities.

Only a prospectus will be used to make the offering. When it becomes available, a copy of the preliminary prospectus relating to this offering may be obtained from Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by phone at 888-603-5847, or by email at [email protected], or Morgan Stanley & Co. LLC, Attn: Prospectus Department, 180 Varick, 2nd Floor, New York, NY 10014.