A larger-than-previously announced block of PGT's (NASDAQ:PGTI) shares is up for grabs. Major stockholder JLL Partners Fund has increased the size of its sale; it is now offering an even 10 million shares in an underwritten secondary public offering priced at $7.75 per share. Also, the issue's underwriters have been granted a 30-day option to buy up to an additional 1.65 million shares from the seller.

PGT itself will be a buyer. The company is to purchase nearly 6.8 million shares in the offering at a slightly lower price of $7.3625 per share.

The joint book-running managers of the issue are Raymond James Financial unit Raymond James & Associates, Royal Bank of Canada's RBC Capital Markets, and the Securities divisions of Credit Suisse and Deutsche Bank. The sale is expected to close on May 28.