Emerald Expositions Events, Inc. (NYSE:EEX) Files An 8-K Results of Operations and Financial Condition
Item2.02. Results of Operations and Financial Condition.
On May8, 2017, Emerald Expositions Events, Inc. (the Company)
issued a press release announcing certain financial results of
the Company for thethree months ended March31, 2017. A copy of
the press release is being furnished as Exhibit 99.1 attached
hereto and is incorporated by reference herein.
Item7.01. Regulation FD Disclosure.
The Company expects to hold a bank meeting on May8, 2017 to
discuss the refinancing of its existing term loan facility and
revolving credit facility as previously disclosed in connection
with the Companys initial public offering. See Managements
Discussion and Analysis of Financial Condition and Results of
OperationsLong-Term DebtModifications to our Debt Agreements in
the Companys prospectus dated April27, 2017 and filed with the
Securities and Exchange Commission to Rule 424(b)(4) of the
Securities Act of 1933, as amended, on May1, 2017. The proposed
new financing is expected to consist of a $565 million term loan
facility and a $150 million revolving credit facility. The terms
and consummation of the proposed refinancing are subject to
market and other customary conditions, and there can be no
assurance that the proposed refinancing will be completed in
whole or in part.
This Current Report on Form 8-K contains certain forward-looking
statements. These statements are based on managements
expectations as well as estimates and assumptions prepared by
management that, although they believe to be reasonable, are
inherently uncertain. These statements involve risks and
uncertainties, including, but not limited to, economic,
competitive, governmental and technological factors outside of
the Companys control that may cause its business, industry,
strategy, financing activities or actual results to differ
materially. See Risk Factors and Cautionary Note Regarding
Forward-Looking Statements in the Companys prospectus dated
April27, 2017 and filed with the Securities and Exchange
Commission to Rule 424(b)(4) of the Securities Act of 1933, as
amended, on May1, 2017. The Company undertakes no obligation to
update or revise any of the forward looking statements contained
herein, whether as a result of new information, future events or
Item 9.01 Financial Statements and Exhibits.
Press Release issued by Emerald Expositions Events, Inc.
dated May8, 2017, announcing certain financial results for
the three months ended March31, 2017.
About Emerald Expositions Events, Inc. (NYSE:EEX)
Emerald Expositions Events, Inc. (Emerald), formerly Expo Event Holdco, Inc, is an operator of business-to-business (B2B) trade shows. The Company operates across multiple sectors, which includes: Gift, Home and General Merchandise; Sports; Design and Construction; Technology; Jewelry; Other Trade Shows; and Other Events. The Company operates more than 50 trade shows, including 31 of the top 250 trade shows. It operates 13 trade shows in the Gift, Home and General Merchandise sector; 18 trade shows in Sports sector; five trade shows in Design and Construction; six trade shows in the Technology sector; six trade shows in Jewelry sector; and remaining 10 trade shows in other sectors . In 2016, its events connected over 500,000 global attendees and exhibitors and occupied over 6.5 million net square foot (NSF) of exhibition space. Emerald Expositions Events, Inc. (NYSE:EEX) Recent Trading Information
Emerald Expositions Events, Inc. (NYSE:EEX) closed its last trading session up +0.20 at 20.37 with 154,180 shares trading hands.