Chart Industries Inc., a global manufacturer of highly engineered equipment servicing the industrial gas and clean energy industries, priced $700 million of common equity, as well as $350 million of mandatorily convertible preferred shares. Over the next 30 days, the underwriters could elect to exercise a 15% greenshoe option, which would result in up to an additional $105 million of common equity and $52.5 million of mandatorily convertible preferred shares. The company will use existing net proceeds of $1.013 billion to retire the vast majority of the $1.1 billion of series A preferred shares that were issued to the seller, KPS Capital Partners. As a result, we expect S&P Global Ratings-adjusted debt to EBITDA to be at the high end
