Market Overview

Burlington Stores Prices 13.33M Share IPO at $17.00/Share

Share:

Burlington Stores (NYSE: BURL) announced today the pricing of
its underwritten initial public offering of 13,333,333 shares of its
common stock at a price to the public of $17.00 per share.…
Burlington Stores, Inc. (the “Company”) announced today the pricing of
its underwritten initial public offering of 13,333,333 shares of its
common stock at a price to the public of $17.00 per share. In connection
with the offering, the Company has granted the underwriters a 30-day
option to purchase up to an additional 2,000,000 shares. The shares will
be listed on the New York Stock Exchange beginning on October 2, 2013
and will trade under the symbol “BURL.” The offering is expected to
close on October 7, 2013.

The Company expects to receive proceeds, net of underwriters' discounts
and commissions and estimated offering expenses payable by the Company,
of approximately $205.0 million from the offering and intends to use the

See full press release

Posted-In: News Guidance Contracts Management Global

 

Related Articles (BURL)

View Comments and Join the Discussion!