Our Website Uses Cookies 

We and the third parties that provide content, functionality, or business services on our website may use cookies to collect information about your browsing activities in order to provide you with more relevant content and promotional materials, on and off the website, and help us understand your interests and improve the website.

For more information, please contact us or consult our Privacy Notice.

Your binder contains too many pages, the maximum is 40.

We are unable to add this page to your binder, please try again later.

This page has been added to your binder.

Covington Advises JLG Industries in Common Stock Offering

March 17, 2005

WASHINGTON, D.C., March 17, 2005 -  Covington & Burling represented JLG Industries, Inc. (NYSE: JLG) in its underwritten offering of 5,750,000 shares of common stock at a price to the public of $21.97 per share.  JLG will use a portion of the approximately $120 million in net proceeds to redeem $61.25 million in principal amount of the Company's 8-3/8% Senior Subordinated Notes due 2012.  UBS Investment Bank acted as the sole lead manager on the offering. SunTrust Capital Markets, Inc. and Harris Nesbitt Corp. acted as co-managers.

Covington's legal team was led by Andrew Jack, Peter Zern and Patrick McCaffery, corporate and securities lawyers in the Washington, D.C. office.  The Covington team also included David Martin (securities), and Mike Levy and Jeremy Spector (tax).

Share this article: