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Atlas Air Worldwide raises USD112.5m in offering of 4.6m common shares

Posted on: Wed, 04 Nov 2009 07:30:00 EST

Symbols: AAWW

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Nov 04, 2009 (AIRLINE INDUSTRY INFORMATION via COMTEX) --
AAWW | Quote | Chart | News | PowerRating -- Atlas Air Worldwide Holdings Inc (AAWW) (NASDAQ:AAWW), a provider of
air cargo and outsourced aircraft operating services, announced on
Tuesday the completion of its offering of 4.6m shares of its common
stock.

The net proceeds from the offering totalled approximately USD112.5m.
AAWW plans to use the proceeds for general corporate purposes,
including financing capital expenditures or funding potential
acquisitions of other business transactions.

The offering was priced at USD25.75 per share and the total number of
shares sold includes 600,000 shares purchased by the underwriters
through their over-allotment option.

Morgan Stanley & Co Inc and Goldman, Sachs & Co were joint book-running
managers for the offering and BB&T Capital Markets Stephens Inc and CJS
Securities Inc served as co-managers.

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For full details on Atlas Air Worldwide Holdings Inc (AAWW) AAWW. Atlas Air Worldwide Holdings Inc (AAWW) has Short Term PowerRatings at TradingMarkets. Details on Atlas Air Worldwide Holdings Inc (AAWW) Short Term PowerRatings is available at This Link.

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