Hydril completes a public secondary offering of common stock for institutional shareholders

« Back | Next »

Transactions

Hydril has completed a public secondary offering of common stock for institutional shareholders

Kerlin acted as the financial advisor to certain Seaver family trusts and Pomona College, which participated in the sale of $139 million of Hydril shares through an underwritten secondary offering. Kerlin assisted the shareholders in working with the Company to select managing underwriters, monitor the marketing of the offering and assist in negotiating the underwriting fees and final pricing. Kerlin provided independent advice concerning the secondary offering process to the selling shareholders.