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| Global Power Equipment Group Inc. |
| 6120 South Yale, Suite 1480, Tulsa, OK 74136 * (918) 488-0828 |
| Business Description | The company is a global designer, engineer and manufacturer of a comprehensive portfolio of equipment for gas turbine power plants, with over 30 years of power generation industry experience. They believe that they are a leader in their industry, offer one of the broadest ranges of gas turbine power plant equipment in the world and hold the number one or number two market position by sales in a majority of their product lines |
| Offering Information Company has | |||
| Trading As | GEG (NYSE) | Industry | Manufacturing (SIC 3443) |
| Type of Stock Offered | Common Shares | Filing Date | 3/9/2001 |
| Domestic Shares Offered | 7,350,000 | Offer Date | 5/17/2001 |
| Foreign Shares Offered | 0 | Filing Range | $16.00 - $18.00 |
| Company Shares | 7,350,000 | Offer Price | $20.00 |
| Selling Shrhldrs Shares | 0 | Gross Spread | $1.400 |
| Gross Proceeds | $147,000,000 | Selling | $0.840 |
| Expenses | - - | Reallowance | $0.100 |
| Post-IPO Shares | - - | Employees | - - |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| CS First Boston | Lead Manager | (212) 325-2000 |
| Deutsch Banc Alex. Brown | Co-manager | (410) 727-1700 |
| Raymond James & Associates, Inc. | Co-manager | (813) 573-8108 |
| Salomon Smith Barney | Co-manager | (212) 723-7300 |
| Use Of Proceeds |
The proceeds from the proposed offering will be used to repay existing indebtedness and to pay a distribution in an aggregate amount equal to the accrued and unpaid dividends on the preferred units of GEEG Holdings, L.L.C. |