VSE Raises $750M Through Upsized Stock and Unit Offerings

VSE Corporation has priced its public offerings, selling 3.99M common shares at $188 each to raise $750M, along with 8M tangible equity units totaling $400M. Both offerings were upsized from earlier plans. The common stock offering was increased from 3M shares, while the equity unit offering was increased from 6M units. The company plans to use the proceeds to repay debt and for general corporate purposes.