National Vision’s Secondary Offering Pricing Set

By

DULUTH, Ga.—National Vision Holdings Inc. (NASDAQ: EYE) reported late last week that the public price of its previously announced secondary offering will be $40.50 per share. No shares are being sold by National Vision, according to the announcement. Certain other shareholders, including affiliates of Kohlberg Kravis Roberts & Co. and private equity funds managed by Berkshire Partners, are offering 12.5 million shares of National Vision pursuant to a registration statement filed earlier, according to the announcement.

The selling shareholders will receive all of the proceeds from this offering, which was expected to close Monday, Nov. 19. Goldman Sachs and Citigroup acted as the underwriters, the announcement noted.

Last week, National Vision reported its third-quarter financial results, which included the company’s 67th consecutive quarter of positive comparable-store sales growth, as VMAIL reported. The company said its total sales in the quarter rose 11.9 percent to $387.4 million.