The deal priced below last closing price of $252.40. JPMorgan and BofA are acting as joint book running managers for the offering.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AVAV:
- AeroVironment Stock (NASDAQ:AVAV) Nosedives With New Debt Plan
- Morning Movers: Tesla dips as Musk and Trump resume feud
- AeroVironment Announces Public Offerings to Repay Loans
- Closing Bell Movers: Progress Software slips 4% after earnings
- AeroVironment announces common stock offering, convertible senior notes offering