Modine Manufacturing Company (MOD) Commences Common Stock Offering

Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, announced that it has commenced a public offering of 9,000,000 shares of its common stock. Accordingly, Modine intends to grant the underwriters an option to purchase up to an additional 1,350,000 shares. Modine intends to use the proceeds from the offering to reduce indebtedness and for general corporate purposes.