TORONTO–(BUSINESS WIRE)–Canada Goose Holdings Inc. (“Canada Goose” or the “Company”) today announced that it has commenced an initial public offering of 20,000,000 subordinate voting shares, including 12,851,000 subordinate voting shares to be sold by the existing shareholders. The underwriters will have an option to purchase up to an additional 3,000,000 subordinate voting shares from the existing shareholders. The Company will use the net proceeds it receives to repay a portion of outstanding indebtedness and will not receive any proceeds from the subordinate voting shares sold by the selling shareholders. The price range for the initial public offering is currently estimated to be between C$14.00 and C$16.00 per subordinate voting share. The Company has applied to list its subordinate voting shares on the Toronto Stock Exchange in Canada and New York Stock Exchange in the United States under the ticker “GOOS”.
CIBC Capital Markets, Credit Suisse, Goldman, Sachs & Co. and RBC Capital Markets are serving as joint book-running managers and as representatives of the underwriters for the proposed offering. BofA Merrill Lynch, Morgan Stanley, Barclays, BMO, TD and Wells Fargo Securities are also acting as joint book-running managers and Baird, Canaccord Genuity and Nomura are acting as co-managers for the proposed offering.
The offering will be made only by means of a prospectus. A copy of the preliminary prospectus relating to this offering, when available,…