ClubCorp Holdings, Inc. Announces Secondary Offering of Shares of Common Stock
DALLAS – ClubCorp Holdings, Inc. (NYSE: MYCC), a leading owner-operator of private golf and country clubs, business, sports and alumni clubs in North America, today announced that the selling stockholder affiliated with KSL Capital Partners, LLC has commenced a public offering of 7,000,000 shares of common stock of ClubCorp Holdings, Inc. (“ClubCorp”) pursuant to a registration statement filed with the Securities and Exchange Commission. The selling stockholder is expected to grant the underwriters a 30-day option to purchase up to an additional 1,050,000 shares at the public offering price.
ClubCorp is not selling any shares of common stock in the offering and will not receive any of the proceeds from the sale.
Goldman, Sachs & Co., Jefferies LLC, Citigroup Global Markets Inc., BofA Merrill Lynch and Deutsche Bank Securities Inc. are acting as joint bookrunners in the offering. Wells Fargo Securities, LLC and J.P. Morgan Securities LLC are acting as co-managers in the offering.
A registration statement relating to the shares of the common stock of ClubCorp to be sold in the offering has been filed with the U.S. Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described above, nor shall there be any sale of such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The offering of these securities will be made only by means of a prospectus, copies of which may be obtained from Goldman, Sachs & Co. at Prospectus Department, 200 West Street, New York, NY 10282 or by telephone at 866-471-2526 or by facsimile at 212-902-9316 or by email at firstname.lastname@example.org, Jefferies LLC at c/o 520 Madison Avenue, 12th Floor, New York, NY, 10022, Attention: Equity Syndicate Prospectus Department or by telephone at 877-547-6340 or by email at Prospectus_Department@Jefferies.com, Citigroup Global Markets Inc. at c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by telephone at 800-831-9146, BofA Merrill Lynch at 222 Broadway, New York NY 10038, Attention: Prospectus Department or by email at email@example.com or by telephone at 800-294-1322 and Deutsche Bank Securities Inc. at 60 Wall Street, New York, New York 10005, Attention: Prospectus Group or by telephone at 800-503-4611 or by email at firstname.lastname@example.org.