Hayward Holdings to repurchase 8M shares for $111M in secondary offering

Hayward Holdings, Inc.

24M shares offered by selling stockholders at $13.88375/share; underwriters have 30-day option for 3.6M additional shares.
Hayward Holdings will repurchase 8M shares from underwriters for aggregate $111M using cash on hand and revolver borrowings.
Closing expected on or about May 5, 2022, subject to customary conditions.
Company funds share repurchase with cash on hand and borrowings under revolving credit facility.

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