trending Market Intelligence /marketintelligence/en/news-insights/trending/7k7rktzvmdxlwxn1rjco5w2 content esgSubNav
In This List

Houlihan Lokey discloses offering of 3 million shares by selling shareholders

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Houlihan Lokey discloses offering of 3 million shares by selling shareholders

Houlihan Lokey Inc. announced an offering of 3 million shares of the company's class A common stock held by ORIX HLHZ Holding LLC and certain current and former employees and members of the company's management.

A total of 1,985,983 shares are being offered by ORIX, while 1,014,017 shares are being offered by certain current and former company employees at $49.15 per share.

The offering is expected to close on June 4. Houlihan Lokey will not receive any proceeds from the offering.

The company also agreed to repurchase 697,000 shares held by ORIX.

Goldman Sachs & Co. LLC is the sole underwriter for the offering.