The Woodlands, Texas — Conn’s has priced its previously announced public stock offering at $26.75 per share, which is expected to generate $35.2 million in net proceeds.
The multiregional majap, furniture and CE chain plans to use the funds to pay down debt.
The offering, which was increased from 5 million shares to 5.5 million shares at pricing, is expected to close on or around Dec.12.
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