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Latham & Watkins Advises on Blue Bird Corporation’s Secondary Public Offering of Common Stock

February 15, 2024
Capital Markets team represents the underwriter in the secondary offering by the independent designer and manufacturer of electric and low-emission school buses.

Blue Bird Corporation (Nasdaq: BLBD), a leader in electric and low-emission school buses, has announced that an affiliate of American Securities LLC (the Selling Stockholder) intends to offer 4,042,650 shares of Blue Bird’s common stock, par value US$0.0001 per share, pursuant to a shelf registration statement filed with the Securities and Exchange Commission. The offering consists entirely of secondary shares to be sold by the Selling Stockholder. The Selling Stockholder will receive all of the proceeds from the offering. The Company is not selling any shares of Common Stock in the offering and will not receive any proceeds from the offering.

Latham & Watkins LLP represents the underwriter in the offering with a capital markets team led by New York partner Stelios Saffos and Chicago partner Scott Westhoff, with associates Claire Solimine, Matthew Schlanger, Adam Picker, and Madison Venezia.

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