Rogers & Hardin LLP represented long-time client, Primerica, Inc., in connection with the public offering of 12 million shares of Primerica common stock held by a subsidiary of Citigroup, Inc. The offering was made pursuant to an effective shelf registration statement, previously filed by Primerica, which registered $2.2 billion of the company’s securities. Under the effective shelf registration statement, Primerica may offer up to $1 billion of its securities in the future, and certain selling stockholders, including Citigroup, may resell their shares of Primerica’s common stock.
Partners Steven E. Fox, Robert C. Hussle, Lori A. Gelchion and associate Jennifer L. Dowell led the Primerica team for Rogers & Hardin. Skadden, Arps, Slate, Meagher & Flom represented Citigroup and underwriter, Citigroup Global Markets, Inc., in the deal.
