EVANSVILLE, Ind.--(BUSINESS WIRE)--Jul. 17, 2013--
Berry Plastics Group, Inc. (NYSE: BERY) (the “Company”) announced today
the pricing of a previously announced secondary public offering of
15,000,000 shares of the Company’s common stock by certain funds
affiliated with Apollo Global Management, LLC and certain funds
affiliated with Graham Partners, Inc. (collectively, the “Selling
Stockholders”) at $21.63 per share. The underwriters will have a 30-day
option to purchase up to an additional 2,250,000 shares of common stock
from the Selling Stockholders. The Company itself is not selling any
shares and will not receive any proceeds from the offering, and it will
not change the number of shares of the Company’s common stock that are
currently outstanding. The offering is currently expected to close on
July 23, 2013, subject to customary closing conditions.
Citigroup, BofA Merrill Lynch, Deutsche Bank Securities, Goldman, Sachs
& Co., Credit Suisse, Baird and Barclays are acting as joint
book-running managers for the offering.
SunTrust Robinson Humphrey, Wells Fargo Securities and Apollo Global
Securities are acting as co-managers for the offering.
A registration statement relating to these securities has been filed
with, and declared effective by, the United States Securities and
Exchange Commission. A copy of the registration statement can be
obtained from the Securities and Exchange Commission’s website at www.sec.gov.
The offering is being made only by means of prospectus. A copy of the
final prospectus relating to the offering may be obtained from:
Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, NY 11717 (Tel: 800-831-9146) or BofA Merrill Lynch, 222
Broadway, New York, NY 10038, Attn: Prospectus Department, email firstname.lastname@example.org.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
About Berry Plastics
Berry Plastics Group, Inc. is a leading provider of value-added plastic
consumer packaging and engineered materials delivering high-quality
customized solutions to our customers with annual net sales of $4.8
billion in fiscal 2012. With world headquarters in Evansville, Indiana,
the Company's common stock is listed on the New York Stock Exchange
under the ticker symbol BERY.
Certain statements and information included in this release may
constitute “forward looking statements” within the meaning of the
Federal Private Securities Litigation Reform Act of 1995. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance, or achievements of the Company to be materially different
from any future results, performance, or achievements expressed or
implied in such forward looking statements. Additional discussion of
factors that could cause actual results to differ materially from
management’s projections, forecasts, estimates and expectations is
contained in the companies’ Securities and Exchange Commission filings.
The companies do not undertake any obligation to update any
forward-looking statements, or to make any other forward-looking
statements, whether as a result of new information, future events or
Source: Berry Plastics Group, Inc.
Berry Plastics Group, Inc.
Dustin Stilwell, 812-306-2964