DALLAS, July 24, 2015 /PRNewswire/ -- ClubCorp Holdings, Inc. (NYSE: MYCC) (the "Company"), a leading owner-operator of private golf and country clubs and business, sports and alumni clubs in North America, today announced the pricing of a public offering by Fillmore CCA Investment, LLC (the "Selling Stockholder"), an affiliate of KSL Capital Partners, LLC, of 10,000,000 shares of the Company's common stock at an initial price to public of $23.25 per share. Goldman, Sachs & Co. will act as underwriter for the offering. In addition, the Selling Stockholder has granted the underwriter a 30-day option to purchase up to an additional 1,500,000 shares of the Company's common stock. The Selling Stockholder will receive all of the proceeds from this offering. The offering is expected to close on July 29, 2015, subject to customary closing conditions.
The Company has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (the "SEC") for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the Company has filed with the SEC for more complete information about the Company and this offering. You may obtain these documents for free by visiting EDGAR on the SEC website at: www.sec.gov. Alternatively, copies of the prospectus supplement and accompanying prospectus relating to the offering, when available, may be obtained from:
Goldman, Sachs & Co.
Attn: Prospectus Department
200 West Street
New York, NY 10282
Telephone: (212) 902-1171
Facsimile: (212) 902-9316
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.
Special Note on Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the "safe harbor" created by those sections. These forward-looking statements can be identified by the fact that they do not relate strictly to current or historical facts and often include words such as "may", "should", "expect", "intend", "will", "estimate", "anticipate", "believe", "predict", "potential" or "continue", and similar terminology to identify forward-looking statements. The forward-looking statements are not historical facts, and are based upon current expectations, estimates and projections, and various assumptions, many of which, by their nature, are inherently uncertain and beyond management's control. All expectations, beliefs and projections are expressed in good faith and the Company believes there is a reasonable basis for them. However, there can be no assurance that management's expectations, beliefs and projections will result or be achieved and actual results may vary materially from what is expressed in or indicated by the forward-looking statements. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements contained in this press release, including factors set forth in the Company's public filings. This list of factors is not intended to be exhaustive. Such forward-looking statements only speak as of the date of this press release, and we assume no obligation to update any written or oral forward-looking statement made by us or on our behalf as a result of new information, future events, or other factors.
SOURCE ClubCorp Holdings, Inc.